Johnson & Johnson Sees Sales Plunge In 2Q 2015

Johnson & Johnson reported sales dropped 8.8 percent to $17.8 billion for the second quarter of 2015, compared with the same quarter of 2014. According to the company, operational results declined 0.9 percent, with currency having a negative impact of 7.9 percent. Domestic sales decreased 2.4 percent, while international sales dropped 14.3 percent. Operational growth was 0.5 percent, with negative currency impact of 14.8 percent.