Johnson & Johnson raised its full-year sales and earnings outlook after revenue rose 5.6% in the first quarter, lifted by demand for everything from Tylenol and Imodium to the company’s pharmaceutical products.
The New Brunswick, N.J., healthcare-products company also said Tuesday that first-quarter earnings were wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Costs tied to the separation of its consumer-health business also weighed on results.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Already a subscriber? Sign In
Sponsored Offers
- adidas:
adidas Promo Code - Up to 50% Off 3-Stripe Favorites - Nike:
Nike promo code: Members save up to 20% on select styles - American Eagle Outfitters:
15% off American Eagle promo code - Foot Locker:
Save Up to $100 off military discount - Foot Locker Coupon Code - Finish Line:
$10 Finish Line Coupon with text signup - ASOS:
Take 20% Off w/ ASOS Promo Code
