UPDATE 1-Elizabeth Arden posts quarterly profit

Thu Aug 12, 2010 7:35am EDT

* Q4 adj EPS $0.13 vs loss $0.07 yr earlier

* Net sales up 7.4 percent to $228.2 mln

* Sees EPS of $1.15-$1.25 for FY'11, $0.10-$0.15 for Q1

CHICAGO, Aug 12 (Reuters) - Elizabeth Arden Inc (RDEN.O) posted a quarterly profit on Thursday versus a year-earlier loss, helped by cost efficiencies.

Net earnings for the beauty company were $2.3 million, or 8 cents a share, compared to a loss of $3.6 million, or 13 cents a share, in the same quarter of 2009.

Excluding items, earnings were 13 cents per share.

Net sales for the fourth quarter ended June 30 were $228.2 million, an increase of 7.4 percent.

Elizabeth Arden forecast earnings of $1.15 to $1.25 per share for 2011 and 10 cents to 15 cents per share for the first quarter.

Shares in Elizabeth Arden closed at $14.51 on Wednesday. (Reporting by Emily Stephenson; Editing by Derek Caney)

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