CNS
This article was originally published in The Tan Sheet
Executive Summary
Breathe Right line extension expected to debut in March 2002, and CNS will enter a new product category later next year, company says during July 19 analysts call on Q2 results. Overall first-half sales reached $42.6 mil. compared to $27.9 mil. a year ago, while Q2 sales grew 16.5% to $15.5 mil., slightly outpacing earlier projections (1"The Tan Sheet" July 2, p. 8). "Disappointing" Fiberchoice sales of $5 mil. in first half causing CNS to reduce second-half marketing expenditures by about $7 mil. compared to first six months, company says