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July 16, 2002
By: TOM BRANNA
Editor
Johnson & Johnson (J&J), New Brunswick, NJ, announced record sales of $9.1 billion, an increase of 10.9% over second-quarter 2001 results. Excluding the impact of currency, worldwide sales increased 10.7%. Domestic sales increased 10.7%, while international sales increased 11.3%.J&J also announced net earnings for the second quarter were $1.7 billion, an increase of 11.6%. After-tax special charges of $189 million in 2002 include in-process R&D costs associated with the acqui...
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