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Q1 Revenues Drop at J&J

Worldwide consumer sales fall 4.7%.

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By: Christine Esposito

Editor-in-Chief

Johnson & Johnson’s Q1 sales were $17.4 billion, a decrease of 4.1% compared to the first quarter of 2014. Operational results increased 3.1% and the negative impact of currency was 7.2%. Domestic sales increased 5.9% while international sales decreased 12.4%, reflecting operational growth of 0.8% and a negative currency impact of 13.2%, the company said. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide sales increased 5.7%, domestic sales incre...

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