Business Services Industry
New Britain, Conn.-Based Moore Medical Reports Loss for Second Quarter.
Knight Ridder/Tribune Business News, August, 2003
The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Aug. 7--New Britain-based Moore Medical Corp. said Wednesday it lost nearly $600,000, or 18 cents a share, for the second ...uarter, which ended June 28, compared with earnings of almost $300,000, or 9 cents a share, during the same period last year.
The marketer and distributor of specialty medical and pharmaceutical products attributed the decrease to sales that did not meet expectations, and to increased costs from expanding its field sales staff and its direct marketing initiatives.
The company had net sales of $35.9 million during the second ...uarter of 2003, compared with $33.4 million during the same ...uarter in 2002.
To see more of The Hartford Courant,...
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