MCNEIL CONSUMER HIGHER FIRST-QUARTER SALES OFFSET
This article was originally published in The Tan Sheet
Executive Summary
MCNEIL CONSUMER HIGHER FIRST-QUARTER SALES OFFSET by wholesaler inventory reductions affecting Johnson & Johnson Consumer Products and the "fierce competition in the over-the- counter market for vaginal yeast infection remedies encountered by Monistat," J&J said in an April 28 release. As a result, Johnson & Johnson's U.S. consumer sales declined 4.6% to $670 mil.