Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2014
 •  What's a Brand Worth?  •  BASF Expands in Shanghai  •  Detergent Ingredients Are Safe Says ACI  •  Sunscreen Innovation Act Is Up for Vote  •  Dollar Tree To Buy Family Dollar
Print

Lee Reports Net Loss



Published November 22, 2005
Related Searches: sales Care Products lip personal
Post a comment
Health and beauty aid company Lee Pharmaceuticals issued results for the fiscal year ended Sept. 30, 2004.
For the fiscal year, net revenues were $8.5 million, a 3% decline compared to the previous year. Offsetting the decreases somewhat were increases in the private label category, as well as added sales of a newly-acquired brand. Lee also reported increases in several over-the-counter items. Overall, sales fell about 3%. This decline was attributed primarily to lower sales volume in the Lee Lip-Ex lip balms and other personal care products. Lee Pharmaceuticals executives said these declines are to be expected from older brands that are not currently supported by advertising or promotion.


blog comments powered by Disqus