Dial Inventory "Glut" Affects Earnings Shortfall; Director Baum Named CEO
This article was originally published in The Rose Sheet
Executive Summary
Newly named Dial CEO Herbert Baum attributes the company's recent earnings woes, in part, to an inventory "glut" of Dial soap. The excess inventory is related to the first quarter relaunch of the brand, Baum told analysts during a conference call Aug. 8.
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