Bare Escentuals, Inc. announced unaudited consolidated financial results for the third fiscal quarter and nine months ended September 27, 2009. For the quarter, the company's net sales were $135.7 million, an increase of 4% from $130.2 million in the same period last year. Net income was $22.6 million or $0.24 per diluted share, compared to $22.9 million or $0.25 per diluted share in the same period last year. Operating income was $38.1 million compared to $39.04 million a year ago. Income before provision for income taxes was $36.6 million compared to $35.15 million a year ago. For the nine months, the company's net sales were $392.4 million, a decrease of 4% from $409.1 million in the same period last year. Net income was $59.1 million or $0.63 per diluted share, compared to net income of $73.4 million or $0.79 per diluted share, in the same period last year. Operating income was $104.4 million compared to $130.8 million a year ago. Income before provision for income taxes was $97.4 million compared to $118.6 million a year ago.

Bare Escentuals Inc. reported Capital expenditures for the third quarter of 2009. Capital expenditures in the quarter was $7 million primarily or strategic departments or build out international expansion ongoing IPA both in investments. On a year-to-date 27 the company resulted and expected open two more in the fourth quarter. For the full year, the company continued to expect that total capital expenditures including boutique and department store build out costs as well as IT international; distribution and corporate infrastructure will be roughly $29 million. In the fourth quarter, the company expects to open two boutiques for a total of 29 new boutiques and 3 outlets in 2009.

Bare Escentuals, Inc., Q3 2009 Earnings Call, Oct 29 2009