Carter-Wallace
This article was originally published in The Rose Sheet
Executive Summary
U.S. antiperspirant sales declined 5.5%, and worldwide sales dropped 4% to $101.6 mil. for the fiscal year ended March 31, the company reported. New introductions included Arrid XX Ultra Clear Solid in a larger size. C-W's domestic consumer products division posted a 2.4% sales growth to $283.2 mil. and operating profit was up 34.1% to $44.8 mil. Overall sales for the company grew 1% from the prior year, reaching $668.9 mil., while net earnings after expenses rose 3.3% to $28.2 mil