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June 29, 2000
By: TOM BRANNA
Editor
Chattem, Inc., a marketer and manufacturer of branded consumer products, reported sales fell 5% for the second quarter ended May 31. For the six months, sales fell 3% to $142 million. Results for the quarter were impacted by continuing sales declines in the Company’s Sunsource business. Additionally, Ban sales declined versus the year ago period due to several factors. First, the company is dedicating its entire Ban advertising budget to support Ban Naturals in the second half of fiscal 20...
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