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Proviso Probe

Saturday, January 27, 2007

BUSINESS, Alberto-Culver has strong quarterly sales [MP]

Sun-Times:
A smaller, reconstituted Alberto-Culver reported Thursday higher first-quarter sales that beat analysts' forecasts but a decline in earnings.

This is the first quarter that the Melrose Park-based company is operating strictly as a consumer-goods manufacturer, making VO5 shampoo, St. Ives body lotion and TRESemme hair conditioner. Alberto-Culver spun off its Sally Beauty business into a new publicly traded company.

Alberto-Culver is based in Melrose Park. How significant is the company for people in the community? Does it hire many people? Does it get involved in local politics? Is it a major contributor to causes in the community. Currently Alberto-Culver is not hiring.

I ask these questions because Alberto-Culver sends lots of press releases. I don't usually cover the happenings at the company. But if someone persuaded me the company actually mattered to people living in Proviso I'd cover it more.

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