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Physicians Formula Posts Profitable 4Q and Year-End 2007

Physicians Formula Holdings, Inc. posted its financial results for the three and 12 months that ended Dec. 31, 2007.

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By: Jamie Matusow

Editor-in-Chief

Physicians Formula Holdings, Inc. posted its financial results for the three and 12 months that ended Dec. 31, 2007. Net sales for the fiscal year 2007 were $111.5 million, an increase of 16.9% from the same period in 2006, and ahead of the outlook range of $108 million to $111 million. Gross sales for the fiscal year 2007 were $156.2 million, an increase of 20.8% and in-line with the outlook range of $155 million to $158 million.

Net sales for the fourth quarter of 2007 were $33.9 million, an increase of 27.9% for the same period in 2006, and ahead of the outlook range of $31 million to $33 million. Gross sales for the fourth quarter of 2007 were $43.8 million, an increase of 15.2% and in-line with the outlook range of $43 million to $45 million.

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