Church & Dwight Co Inc

CHD: XNYS (USA)
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Church & Dwight Earnings: Sales Growth Fails to Suggest Improved Competitive Standing; Shares Rich

In the fourth quarter, Church & Dwight generated 0.7% organic sales growth, though this was constrained by divestments of its lagging vitamin, mineral, and supplement brands, as well as Flawless, Spinbrush, and Waterpik showerheads. Adjusted gross margin expanded by 90 basis points to 45.5%.

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