Johnson & Johnson Reports Slight Sales Rise In First Quarter 2016

Johnson & Johnson reported sales increased 0.6 percent to $17.5 billion in the first quarter of 2016, compared with the same quarter in 2015. Operational sales rose 3.9 percent, with negative impact of currency at 3.3 percent. According to the company, domestic sales increased 7.2 percent, while international sales dropped 6.0 percent during the quarter. Net earnings for the quarter were $4.3 billion, with diluted earnings per share at $1.54, the company said.