In Brief: Church & Dwight
This article was originally published in The Rose Sheet
Executive Summary
Church & Dwight: Second-quarter net income advanced 8.7% to $6.1 mil. on net sales of $134.6 mil., up 4.4% The company noted that personal product sales were "slightly ahead" of the prior-year period, while the broader consumer segment, which accounts for about 78% of Church & Dwight business, registered a 5% sales increase. During the quarter, Church & Dwight extended its Arm & Hammer Dental Care toothpaste line with Whitening and Sensitive formulas. For the six months, Church & Dwight net income leaped 47.1% to $10 mil. on revenues that increased 3.7% to $256.2 mil...