- Sales from the company’s home-care unit rose by 30%, the grooming unit rose by 5%, and healthcare unit increased by 9%. In terms of markets, sales in the U.S. and China grew by 12%.
- The company has increased its previous estimate of 5-8% revenue growth to 8-10% for the current fiscal year. However, it noted that the stimulus plans might lead to more sales, but a return to normalcy could slow growth.
- The company’s stocks fell by 1% on the news announcement.