Church & Dwight Co Inc at Consumer Analyst Group of New York Conference Transcript
Thank you. If we could all find our seats for our next presentation, make your way in.
We're thrilled once again to host the management of Church & Dwight, including CEO, Matt Farrell; and CFO, Rick Dierker.
I'd like to take this opportunity right now to thank them for sponsoring the break this year and for their longtime support of CAGNY. Thank you very much, guys.
Church & Dwight just completed another great year of their evergreen business model, one that's built around growing large, powerful premium brands, 12 of which now comprise 80% of their sales. They aren't here by accident. Of those 12, only ARM & HAMMER was part of its long heritage dating back to John Dwight's Kitchen in 1846. The rest were acquired just since 2001, a period in which management has delivered strong double-digit returns to shareholders. And their secret is simple. Not easy, but simple. They've used quick decision-making, easy communication and an ability to
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