CHATTEM CONSUMER PRODUCTS U.S. REVENUES GAIN 1% IN FIRST HALF
This article was originally published in The Rose Sheet
Executive Summary
CHATTEM CONSUMER PRODUCTS U.S. REVENUES GAIN 1% IN FIRST HALF ended May 31, the firm announced June 24. The Chattanooga, TN- based company noted that the "sales increase was led by a solid performance from its OTC pharmaceuticals groups group," which posted a 12% sales increase in the six months and includes the Pamprin, Premsyn PMS, Flex-all 454 and Icy Hot brands. Norwich aspirin was the only OTC brand for which sales declined, Chattem said. The firm pointed to the improvement in OTC sales as "an early sign that inventory reductions at the retail level experienced during the last half of 1993 should be subsiding."