Xtreme Lashes Lands a Spot on the Inc. 500|5000 List of Fastest-Growing, Private Companies

Aug. 24, 2011 - PRLog -- NEW YORK - Inc. magazine ranked Xtreme Lashes® No. 4393 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. It is also ranked No. 87 in Houston, Texas, the company’s hometown. With seven million private companies in the United States, the Inc. 500|5000 list showcases an elite group.

While its 2007 $5.6 million revenue grew to $6.8 million by 2010, Xtreme Lashes already jumpstarted the company with $3.8 million in sales its first year – then nearly doubled its revenue in only five years.

The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. Xtreme Lashes joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.

“It is an honor and a privilege to be featured for the first time on the Inc. 500|5000 list,” said Jo Mousselli, Founder, President and CEO of Xtreme Lashes. “I only hope to continue on the path of achievement as we expand and support our over 15,000 lash stylists from all over the world. They truly are our inspiration for growth and success.”

In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.

Complete results of the Inc. 5000, including the Xtreme Lashes company profile, can be found at www.inc.com/inc5000/profile/xtreme-lashes.

"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward.  Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.

Methodology

The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.

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About Xtreme Lashes®
What started as a home-based, family business in Houston, Texas, evolved into a corporation with over 60 corporate employees, international franchisees representing Xtreme Lashes® in 26 countries, and over 15,000 trained lash stylists practicing rewarding and profitable careers in the lash industry, including high-end salons like Macy’s, Saks Fifth Avenue, Spa Nordstrom, Mario Tricoci Salons, Elizabeth Arden Red Door Spas, and the flagship Xtreme Lashes® Studio on Market Street in The Woodlands, Texas. For more information, visit http://www.xtremelashes.com.

About Inc. Magazine
Founded in 1979, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.