Church & Dwight Reports Slightly Higher Sales In 3Q 2016

Church & Dwight Co., Inc., reported net sales rose 1.0 percent, or $8.9 million, to $870.7 million in the third quarter of 2016, compared with the same period in the previous year. According to the company, sales growth was driven by the 2.2 percent global consumer net sales growth. Global consumer organic sales rose 2.5 percent, driven by the 3.0 percent growth in volume, the company said. However, the company's Specialty Products business saw sales drop 11.3 percent, hampered by further weakening in the dairy economy. Total organic sales grew 1.2 percent, supported by volume growth of 1.7 percent, the company said.