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Bristol-Myers Squibb

This article was originally published in The Rose Sheet

Executive Summary

Haircoloring products "performed well" during the third quarter, the company says in its financial report for the quarter, noting "strong sales" of Nice'n Easy and Miss Clairol, as well as the U.S. introduction of Natural Instincts. BMS consolidated worldwide sales gained 2.4% to $2.93 bil. in the third quarter, with a 6% increase in international sales and flat domestic sales. Net earnings for the quarter increased 2.1% to $620.8 mil. For the nine months, consolidated sales grew 3.8% to $8.74 bil.; there was a 4% increase in domestic sales and a 3% gain in international sales during the three months. Nine-months earnings advanced 2.4% to $1.74 bil
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