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January 24, 2003
By: TOM BRANNA
Editor
Chattem, Inc., Chattanooga, TN, announced total revenues were $223.1 million for the fiscal year ended Nov. 30, 2002. For the fourth fiscal quarter, total revenues were $51.6 million and net income was $4.5 million. The year and quarter results equaled or exceeded the company’s earlier guidance of $50-52 million in net sales.For the year the company again experienced strong results from its topical analgesic franchise, which enjoyed a 14% increase in gross sales over fiscal 2001, led by th...
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