The Cosmetic Center second quarter 18.7% sales advance boosted by rapid expansion.
This article was originally published in The Rose Sheet
Executive Summary
COSMETIC CENTER RAPID EXPANSION AUGMENTS SALES but contributes to a net loss for the fiscal 1995 second quarter (ended March 31), the Savage, MD-based firm reported April 28. The company registered a net loss of $195,000 during the three-month period versus a 14.6% gain in net earnings to $392,000 in the comparable year-ago period. Sales for the second quarter advanced 18.7% to $29.4 mil.