Bristol-Myers Squibb
This article was originally published in The Rose Sheet
Executive Summary
Consumer products sales gained 1% in the second quarter, excluding the effect of divested businesses. The firm pointed to strong performance by its Clairol segment, highlighting growth by the Nice 'n Easy and Lasting Color by Loving Care brands in the U.S. Consolidated worldwide sales increased 6% to $2.97 bil. in the second quarter and were up 4.4% to $5.8 bil. in the half. Net earnings grew 4.1% to $542 mil. in the quarter and rose 2.5% to $1.12 bil. in the half
Consumer products sales gained 1% in the second quarter, excluding the effect of divested businesses. The firm pointed to strong performance by its Clairol segment, highlighting growth by the Nice 'n Easy and Lasting Color by Loving Care brands in the U.S. Consolidated worldwide sales increased 6% to $2.97 bil. in the second quarter and were up 4.4% to $5.8 bil. in the half. Net earnings grew 4.1% to $542 mil. in the quarter and rose 2.5% to $1.12 bil. in the half. |