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December 22, 2004
By: TOM BRANNA
Editor
Health and beauty aid company Lee Pharmaceuticals issued results for the three months and fiscal year ended Sept. 30, 2004.For the fiscal year, net revenues were $8.5 million, a 3% decline compared to the previous year.This decline was attributed primarily to lower sales volume in the Lee Lip-Ex lip balms and other personal care products. Lee Pharmaceutical executives said these declines are to be expected from older brands that are not currently supported by advertising or promotion.Offsetting ...
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