Armkel
This article was originally published in The Rose Sheet
Executive Summary
Depilatory and skin care sales up 3% to $27.5 mil. in second quarter, firm reports in 10Q filed with the Securities and Exchange Commission Aug. 8. Increase is led by 14% gain in Nair sales for the period (1"The Rose Sheet" Aug. 12, 2002, p. 5). Sales for smallest Armkel product category, oral care (Pearl Drops), soared 21% to $8.9 mil. for quarter. Results for the 50/50 Church and Dwight/Kelso & Co. partnership formed to purchase most Carter-Wallace consumer products are compared to C-W for previous year. Armkel total net sales advanced 1.8% to $115.9 mil. in Q2...
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