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Playtex sun care sales of $44.8 mil. rained on by El Nino in first quarter.

This article was originally published in The Tan Sheet

Executive Summary

PLAYTEX SUN CARE GENERATES $44.8 MIL. IN SALES in the first quarter, a 2.5% increase, CEO Michael Gallager reported in an April 20 conference call with securities analysts. Historically, the first three months of the year are strong for Playtex sun care lines, but the business suffered a "significantly reduced consumption of traditional sun block products in major markets like the West Coast and the Southeast, including Florida, because of the El Nino weather pattern," Gallager told analysts. By comparison, in the first quarter of 1997, the Westport, Conn.-based company's sun care business had a 24% increase in sales.
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