NEWS: Church & Dwight's third-quarter net income climbed 15 percent as sales increased in the U.S. and internationally.
DETAILS: The maker of household and personal products said Friday that consumer sales in the U.S. rose 14.1 percent. The company reported higher sales of Arm & Hammer liquid laundry detergent, Oxiclean laundry additives, Trojan products and First Response diagnostic kits.
International consumer sales climbed 2.6 percent. By region, sales improved in Canada, France, Mexico and the U.K.
NUMBERS: Church & Dwight Co. earned $107.9 million, or 76 cents per share, for the three months ended Sept. 30. That compares with $93.9 million, or 66 cents per share, a year ago.
Revenue increased 11 percent to $804.8 million from $725.2 million, benefiting mostly from the Avid gummy vitamin business acquisition last year.
Analysts, on average, expected lower earnings of 73 cents per share on higher revenue of $815.1 million, according to a FactSet survey.
FUTURE: For the fourth quarter, Church & Dwight anticipates earnings of about 65 cents per share. It still expects full-year earnings of $2.79 per share.
Analysts predict fourth-quarter earnings of 69 cents per share and full-year earnings of $2.80 per share.
STOCK: On Thursday the shares closed at $65.15. Year to date, the stock is up 22 percent.