Armor All Posts 18% Increase in Profit, 8% Rise in Revenue
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Armor All Products Corp., an Aliso Viejo marketer of car-care products, said that profit for the fiscal year ended March 31 rose 18%, to $22.6 million, or $1.07 a share, from $19.2 million, or 91 cents a share, the prior year. Revenue increased 8%, to $182.3 million from $168.4 million. Fourth-quarter profit was up 19%, to $9.5 million, or 45 cents a share, from $8 million, or 38 cents a share. Quarterly revenue rose 8%, to $64.9 million from $60 million.
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