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Tuesday, February 5, 2008

Condom and Cat Litter Inflation - Only Female Dog Lovers Who Don't Wash Their Clothes Seem Immune from Inflation

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Folks, there is no escaping the tax that is inflation. It's even hitting condoms and cat litter. Church & Dwight (CHD) as I mentioned yesterday is a mini Procter & Gamble (PG). But with the same commodity inflation in its inputs and the need to pass those costs on to you, so they can maintain their margins and make investors happy. Enjoy! (and remember, inflation is benign and contained)
  • Consumer products maker Church & Dwight Co. Inc. said Tuesday its expects its 2008 earnings per share to just beat Wall Street estimates, helped by price increases and laundry detergent sales.
  • Church & Dwight said its profit growth will be driven by revenue gains and gross margin expansion. Specifically, the company said it will be helped by sales of its liquid laundry detergent concentration and February price increases on Trojan condoms, Arm & Hammer baking soda and Arm & Hammer cat litter.
No position

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