Company News, Financial News

Lee Reports Net Loss

Author Image

By: TOM BRANNA

Editor

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...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters