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Church & Dwight Reports Strong First Quarter Earnings

Sales growth and gross margin expansion, says company

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By: TOM BRANNA

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Church & Dwight Co., Inc. reported an 11% increase in net income for the quarter ended March 27, 2009 of $62.6 million. Net sales for the first quarter jumped 5% to $580.9 million. Organic sales increased by approximately 6% for the quarter which excludes the impact of foreign exchange, acquisitions and divestitures. James R. Craigie, chairman and chief executive officer, commented, “We are very pleased with our solid first quarter results particularly in this difficult economic environ...

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