Elizabeth Arden Inc. (Nasdaq: RDEN) widened first quarter losses to 89 cents per share from a loss of 4 cents per share a year earlier as revenue fell and the cosmetics company hired Goldman Sachs to explore strategic alternatives. The stock price plummeted $7.57 to $28.06.
Elizabeth Arden Widens Loss, Explores Options
May 13, 2014 at 13:29 PM EDT
