Mead Johnson (MJN) Tops Q1 EPS by 2c
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Mead Johnson Nutrition Reports Sequential Sales for First Quarter 2016 above Fourth Quarter 2015 on a Constant Dollar Basis; Reaffirms 2016 Sales and Non-GAAP EPS Guidance
April 28, 2016 7:30 AM EDTGLENVIEW, Ill.--(BUSINESS WIRE)-- Mead Johnson Nutrition Company (NYSE: MJN) today announced its financial results for the quarter ended March 31, 2016.
In the first quarter, we again saw a sequential improvement in our underlying business over the prior quarter," said Kasper Jakobsen, Chief Executive Officer. "While the economic climate outside the United States is less favorable than it was a few years ago, we are confident in our strategy. We are particularly encouraged by the progress we are making on reshaping our China business and on bringing down our global operating expense base.
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