Beauty Industry

Chattem Reports 51% Revenue Growth in the Third Quarter

Chattem, Inc., a marketer and manufacturer of branded consumer products, reported total revenues in the third fiscal quarter ended Aug. 31, 2007 of $109 million, a 51% increase.

Author Image

By: Jamie Matusow

Editor-in-Chief


Chattem, Inc., a marketer and manufacturer of branded consumer products, reported total revenues in the third fiscal quarter ended Aug. 31, 2007 of $109 million, a 51% increase compared to total revenues of $72 million in the prior year quarter.  

Total revenues in the nine months rose to $322.8 million, an increase of 37% compared to total revenues of $235.4 million  in the prior year period. Revenue growth for both periods was driven by the five brands acquired from Johnson & Johnson on Jan. 2, 2007, which include personal care products such as Act, Cortizone-10 and Balmex. The financial boost was also assisted by the continued growth of the Gold Bond franchise and the strength of the Icy Hot business.   

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters