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March 26, 2002
By: TOM BRANNA
Editor
Chattem, Inc., Chattanooga, TN announced financial results for the fiscal first quarter ended Feb. 28, 2002, exceeded results for the first quarter of fiscal 2001 and also the company’s previous estimates.Specifically, net sales for the quarter were $51.9 million up 9.4% and earnings before interest taxes, depreciation and amortization was $9.5 million, an increase of 11.2% over last year. Chattem previously expected first quarter net sales to only reach $48-50 million.Net sales were led b...
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