SAN FRANCISCO—Bare Escentuals Inc. announced financial results for the fourth fiscal quarter (4Q) and fiscal year ended Jan. 3, 2010. Net sales for the 4Q of fiscal 2009 were $165.1 million, an increase of 12 percent from $147.1 million in the 4Q of fiscal 2008. Net income for the 4Q of fiscal 2009 was $39.1 million, or $0.42 per diluted share, compared to $24.6 million, or $0.26 per diluted share, in the 4Q of fiscal 2008. The 4Q of fiscal 2009 results includes net tax benefits of $5.5 million related to certain domestic production activities deductions claimed.
Net sales for the fiscal year ended Jan.3, 2010 which included 53 weeks, were $557.5 million compared to $556.2 million for the fiscal year ended 2008. Net income for fiscal year 2009 was $98.1 million, or $1.05 per diluted share, compared to net income of $98.0 million, or $1.05 per diluted share, for the fiscal year ended Dec. 28, 2008.