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Playtex Expects Slump in Fourth Quarter

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By: TOM BRANNA

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Playtex Products, Inc. today revised its outlook for the fourth quarter and full year 2000 and for the year 2001. Net sales for the quarter are expected to be approximately 5% below year ago levels due to a slowing economic environment, the related trade management of inventory levels, and continued competitive activities impacting the company’s infant care business. The company is assuming that these factors may continue through the first half of 2001.Earnings for the fourth quarter are e...

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