(Reuters) - July 10 - Consumer products maker Chattem Inc. said its second-quarter profit rose 46 percent, driven by sales of the five brands acquired from Johnson & Johnson and growth at its franchises.
The Chattanooga-based company, which makes and markets over-the-counter drugs, toiletries and cosmetics, said its quarterly net income was $14.9 million, or 77 cents a share, compared with $10.2 million, or 52 cents a share a year ago. Including stock-option expenses, analysts expected the company to earn 77 cents a share.
Read more at Reuters.com Market News
The Chattanooga-based company, which makes and markets over-the-counter drugs, toiletries and cosmetics, said its quarterly net income was $14.9 million, or 77 cents a share, compared with $10.2 million, or 52 cents a share a year ago. Including stock-option expenses, analysts expected the company to earn 77 cents a share.
Read more at Reuters.com Market News
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