In Brief: Warner-Lambert
This article was originally published in The Rose Sheet
Executive Summary
Warner-Lambert: Lubriderm skin care sales rose 10% to $27 mil. in the third quarter, the company reported. Listerine oral care products generated sales of $97.1 mil. in the quarter and $298.9 mil. for the nine months, Warner-Lambert said. Worldwide consumer health care sales decreased 3% to $671 mil. during the quarter due to adverse exchange rates. On a constant currency basis, worldwide consumer health care sales increased 1%. The U.S. consumer division had flat revenues of $363 mil. Consolidated sales for the firm rose 19.2% to $2.11 bil. for the quarter and 8.6% to $5.85 bil. for the nine months. Net income grew 29.9% to $198.3 mil. for the third quarter and 3% to $633.8 mil. for the nine months...