This article was originally published in The Rose Sheet
Global consumer sales were flat at $1.59 bil. in the third quarter, the company reported Oct. 13. Johnson & Johnson continued to record strong performances in its skin care franchise, which includes the Neutrogena, RoC and Clean & Clear brands. J&J's consumer products business represents about one-third of the company's overall sales. Domestic consumer product sales were flat at $806 mil. over the prior year period. The consumer segment's international sales totaled $761 mil., a 2.8% decrease due to negative currency translation. Worldwide sales increased 2.5% in the quarter to $5.72 bil., led by a 4.2% gain in overall domestic sales ($3.08 bil.). Net earnings rose 12.4% to $961 mil
You may also be interested in...
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle
The National Advertising Division concludes that by claiming the Schick Intuition Plus razor "lathers, shaves and moisturizes in one easy step," Energizer Personal Care is implying a long-term post-shave benefit comparable to that awarded by leave-on moisturizer, which is not supported by the company's evidence