SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : GUMM - Eliminate the Common Cold

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike M who wrote (211)2/5/1999 3:54:00 PM
From: Bengalus   of 5582
 
<<A&H's sales are roughly $150M.>>

Mike,

Where do you get this number from? Church & Dwight's sales increased by just $110 million in 1998, total. The January 29 press release chalks this up to the following:

<<The Company reported that, both for the quarter and full year,
the strong sales growth reflected the introduction of two major
consumer products: ARM & HAMMER(R) SUPER SCOOP(TM) Cat Litter in late
1997 and ARM & HAMMER DENTAL CARE(R) Gum, in early 1998. The
acquisition of BRILLO(R) Soap Pads and certain other brands in late
1997 also contributed to the growth. In the established consumer
business, higher sales of laundry and deodorizing products were
partially offset by lower toothpaste sales. Specialty products sales
were also higher, with particular strength in the animal nutrition
area.>>

It seems impossible to make sense of a $110 million increase in CHD's total revenue with even higher total sales of Dental Care gum. Is the $150 million figure a 1999 target? If so, whose target is it?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext