Elizabeth Arden

A legendary innovator and a tireless entrepreneur, Miss Elizabeth Arden established the American beauty industry a century ago. Born Florence Nightingale Graham, she traveled from rural Canada to New York City, where she opened the first Red Door salon on Fifth Avenue in 1910. Elizabeth Arden's fundamental belief was that beauty should not be a veneer of makeup, but an intelligent cooperation between science and nature in order to develop a woman's finest natural assets. She lived by her mantra, "To be beautiful is the birthright of every woman." Miss Arden created skin care products that benefited, not masked, the skin. She not only promoted her concept of Total Beauty, including diligent skincare, nutrition and fitness, but lived it prudently as she persistently sought to bring a scientific approach to skincare formulations. Miss Arden was uncompromising in her vision to create the new and absolute best products, packaging and services that women not only needed, but desired; whether it was the cult-classic Eight Hour Cream, her legendary Blue Grass fragrance, or a bold red lipstick to coordinate with the uniforms of the women serving in the armed forces during World War II. Elizabeth Arden's list of beauty innovations is long. She was the first to introduce eye makeup to the women of America and pioneered the creation of the "makeover." With the launch of Ardena Skin Tonic, the company became the first to incorporate its founder's name into a product name. Miss Arden developed the first travel-size beauty products, and was the first in the cosmetics business to train and send out a team of traveling demonstrators and saleswomen. By the 1930s, Miss Arden had opened Red Door salons in the majority of the fashion capitals around the globe, and proudly acknowledged her accomplishments by proclaiming that there were only three American names known in every corner of the globe: Singer Sewing Machines, Coca-Cola and Elizabeth Arden. Through it all, Miss Arden created both an empire and a new industry. Her entrepreneurial spirit and commitment to innovation, quality and excellence remain the soul of the company today.
Type
Public
HQ
Pembroke Pines, US
Size (employees)
1,900 (est)
Elizabeth Arden is headquartered in Pembroke Pines, US

Elizabeth Arden Office Locations

Elizabeth Arden has offices in Pembroke Pines, New York, Cointrin and Stamford
Pembroke Pines, US (HQ)
200 880 Sw 145th Ave
Stamford, US
200 First Stamford Pl
Cointrin, CH
28 Chemin De Joinville
New York, US
Everett Building 200 Park Ave S

Elizabeth Arden Data and Metrics

Elizabeth Arden Financial Metrics

Elizabeth Arden's revenue was reported to be $966.7 m in FY, 2016
USD

Revenue (FY, 2016)

966.7 m

Revenue growth (FY, 2015 - FY, 2016), %

(0%)

Gross profit (FY, 2016)

435.5 m

Gross profit margin (FY, 2016), %

45%

Net income (FY, 2016)

(73.5 m)

EBIT (FY, 2016)

(40.9 m)

Market capitalization (07-Sep-2016)

417.8 m

Cash (30-Jun-2016)

45 m

EV

727.5 m
Elizabeth Arden's current market capitalization is $417.8 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.2 b971.1 m966.7 m

Revenue growth, %

(17%)(0%)

Cost of goods sold

686.9 m614.7 m531.3 m

Gross profit

477.4 m356.4 m435.5 m

Gross profit Margin, %

41%37%45%

General and administrative expense

433.7 m

Operating expense total

534.2 m537.8 m470.6 m

EBIT

(64.5 m)(189.1 m)(40.9 m)

EBIT margin, %

(6%)(19%)(4%)

Interest expense

25.8 m29.6 m29.9 m

Pre tax profit

(90.4 m)(219 m)(70.8 m)

Income tax expense

56.8 m6.3 m2.7 m

Net Income

(147.2 m)(225.3 m)(73.5 m)
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Revenue

210.8 m270.4 m333.6 m191.7 m266 m316.2 m191.9 m

Cost of goods sold

119.2 m161.3 m188.8 m110.1 m154.9 m170.8 m106.3 m

Gross profit

91.6 m109.1 m144.8 m81.6 m111.1 m145.4 m85.6 m

Gross profit Margin, %

43%40%43%43%42%46%45%

General and administrative expense

107.3 m113.9 m180.2 m97.5 m109.7 m131.8 m95.2 m

Operating expense total

107.3 m113.9 m180.2 m97.5 m109.7 m131.8 m95.2 m

EBIT

(29 m)(17.5 m)(48.1 m)(27.4 m)(9.7 m)3 m(19.9 m)

EBIT margin, %

(14%)(6%)(14%)(14%)(4%)1%(10%)

Interest expense

6.6 m7.8 m7.7 m7.1 m7.3 m7.8 m7.3 m

Pre tax profit

(35.6 m)(25.3 m)(56.1 m)(34.4 m)(16.9 m)(4.8 m)(27.2 m)

Income tax expense

(8.6 m)224 k833 k500 k(609 k)1.5 m529 k

Net Income

1.6 m36.2 m9.3 m(25.5 m)(82.4 m)(117.3 m)(16.3 m)(22.6 m)(50.3 m)
USDFY, 2014FY, 2015FY, 2016

Cash

56.3 m46.1 m45 m

Accounts Receivable

160.8 m105.4 m116 m

Inventories

338.8 m240.7 m241.4 m

Current Assets

607.8 m423.9 m429.2 m

PP&E

116.8 m105.8 m88.3 m

Goodwill

31.6 m31.6 m31.6 m

Total Assets

1.1 b813.2 m799.5 m

Accounts Payable

323.6 k

Total Debt

354.8 m

Current Liabilities

274 m216 m270.5 m

Non-Current Liabilities

411.1 m410.5 m416.8 m

Total Liabilities

685.1 m626.5 m687.3 m

Additional Paid-in Capital

356.3 m375.8 m381.5 m

Retained Earnings

112.3 m(134 m)(208.4 m)

Total Equity

371 m132.5 m59.9 m

Debt to Equity Ratio

5.9 x

Debt to Assets Ratio

0.4 x

Financial Leverage

2.9 x6.1 x13.4 x
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Cash

45.2 m43.9 m54.1 m50.8 m94.1 m91.8 m37.3 m54.5 m41.1 m

Accounts Receivable

337.5 m275.3 m208 m244.5 m188.4 m131.4 m192.5 m142.7 m123.8 m

Inventories

401.9 m344.9 m362.8 m359.9 m288.3 m268.2 m264.3 m221 m227.5 m

Current Assets

858.6 m737 m698.9 m696.9 m611.5 m525.4 m523.8 m445.9 m420.5 m

PP&E

106.8 m110.8 m112.4 m113.4 m111.4 m107.2 m97.7 m92 m88 m

Goodwill

31.6 m31.6 m31.6 m31.6 m31.6 m31.6 m31.6 m31.6 m31.6 m

Total Assets

1.3 b1.2 b1.2 b1.1 b1 b922.1 m901.8 m815.3 m793.9 m

Current Liabilities

513.5 m360.1 m243.5 m340.4 m266 m214 m325.1 m244.4 m250.9 m

Non-Current Liabilities

285.5 m281.9 m384.7 m410.6 m411.8 m413.4 m408.1 m408.4 m408.6 m

Additional Paid-in Capital

349.5 m352.4 m353.8 m371.3 m372.8 m374.2 m377.4 m378.7 m380.2 m

Retained Earnings

259.8 m294.7 m268.3 m66.5 m9.8 m(25.3 m)(150.6 m)(156.2 m)(184.6 m)

Total Equity

513.2 m548 m523.7 m337.2 m278.8 m240.6 m114.9 m110.1 m82 m

Financial Leverage

2.6 x2.2 x2.2 x3.4 x3.6 x3.8 x7.9 x7.4 x9.7 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(147.2 m)(225.3 m)(73.5 m)

Depreciation and Amortization

44.4 m40.8 m36.9 m

Accounts Receivable

53.1 m48.3 m(13.3 m)

Inventories

(25 m)

Accounts Payable

(33.4 m)13.6 m6.1 m

Cash From Operating Activities

(38 m)54 m(33.8 m)

Purchases of PP&E

(46.6 m)(23.9 m)(12 m)

Cash From Investing Activities

(51.1 m)(30.1 m)(22.4 m)

Cash From Financing Activities

83.6 m(31 m)56.4 m
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Net Income

1.6 m36.2 m9.3 m(25.5 m)(82.4 m)(117.3 m)(16.3 m)(22.6 m)(50.3 m)

Depreciation and Amortization

12.5 m25.7 m38.9 m12.7 m25.5 m37 m11.1 m21.8 m32.1 m

Accounts Receivable

(122.8 m)(61.6 m)5.5 m(87.6 m)(32.8 m)20.6 m(89.7 m)(40.7 m)(19.8 m)

Inventories

(87.6 m)(32.1 m)(49.3 m)(23.4 m)(25.2 m)

Accounts Payable

44 m30.8 m(24.2 m)6.2 m5 m8 m(4.1 m)

Cash From Operating Activities

(130.7 m)15.2 m(35.1 m)(107.9 m)37.1 m40.6 m(106.9 m)(1 m)(42 m)

Purchases of PP&E

(13.9 m)(25.8 m)(37 m)(7.3 m)(14.6 m)(19.1 m)(2.5 m)(5.8 m)(8.7 m)

Cash From Investing Activities

(16.3 m)(28.2 m)(39.5 m)(7.3 m)(16.9 m)(25.3 m)(2.4 m)(5.7 m)(19.2 m)

Cash From Financing Activities

130.2 m(4.7 m)67.2 m111 m20.3 m25 m102 m17.3 m57.3 m
USDY, 2016

EV/EBIT

-17.8 x

EV/CFO

-21.6 x

Revenue/Employee

508.8 k

Debt/Equity

5.9 x

Debt/Assets

0.4 x

Financial Leverage

13.4 x

Elizabeth Arden Median Salaries

Source: 20 public H-1B filings from Elizabeth Arden

Elizabeth Arden Online and Social Media Presence

Elizabeth Arden News and Updates

Elizabeth Arden Company Life and Culture

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