|
|
Article: Playtex Products Reports 1998 Net Income Up 83% on 34% Growth in Net Sales; Fourth Quarter EPS of $0.10, Up 233% on 40% Growth in Net Sales.
- Article from:
- Business Wire
- Article date:
- February 8, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
WESTPORT, Conn.--(BUSINESS WIRE)--Feb. 8, 1999--Playtex Products, Inc. (NYSE: PYX), a leading diversified consumer and personal products company, reported record sales and earnings for 1998. Net income increased 83% to $34.2 million, or $0.57 per share, versus $18.7 million, or $0.37 per share, for the prior year. Earnings before the amortization of intangibles were $0.83 per share in 1998 versus $0.60 per share for the prior year.
In the fourth quarter of 1998, Playtex earned $5.9 million in net income, or $0.10 per share, compared to $1.3 million, or $0.03 per share, in the fourth quarter of 1997.
The Company's fourth quarter net sales grew to $156.8 ...