Bare Escentuals, Inc. has announced favorable financial results for the fourth fiscal quarter and fiscal year ended January 3, 2010.

Net sales for the fourth quarter of fiscal 2009 were $165.1 million, an increase of 12% from $147.1 million in the fourth quarter of fiscal 2008. Net income for the fourth quarter 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 fourth quarter of fiscal 2008. The fourth quarter 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 January 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 December 28, 2008.

As previously announced, on January 14, 2010, Bare Escentuals entered into an Agreement and Plan of Merger with Shiseido.
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