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Physicians Formula Posts Small Gain in Third

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By: TOM BRANNA

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Physician’s Formula’s third quarter sales rose 2.5% to $20.3 million. Net income soared from $102,000 to nearly $1.7 million. “Given the very soft consumer environment, we are pleased with our double-digit net sales growth we have achieved in the first nine months of the year. This growth represents the success of our 2008 new product introductions, as well as 2008 distribution gains,” said Ingrid Jackel, chairwoman and chief executive offier of Physicians Formula. While the co...

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