Church & Dwight Reports Higher Net Sales In 2015

Church & Dwight Co., Inc., reported net sales grew 2.9 percent to $3.394 billion in 2015. Organic sales rose 3.6 percent, driven by the 3.0 percent revenue growth in the company’s Consumer Domestic business and 8.1 percent revenue growth in its Consumer International business. According to the company, its gross profit margin for the period jumped 40 basis points to 44.5 percent, due to normalized pricing environment in the laundry category, reduced commodity costs, its productivity programs, and the impact of higher margins of its acquired businesses. Adjusted EPS rose 7.7 percent to $3.25 per share, compared with the previous year’s $3.01 per share.