Jan 28, 2022 / 03:00PM GMT
Matthew Thomas Farrell - Church & Dwight Co., Inc. - President, CEO & Chairman
Thank you all for dialing in to join us today. I'm going to begin with the safe harbor statement. I recommend you read it at your leisure. We have our entire management team on the call today. We are all available for Q&A after the formal pitch.
We have a lot of slides and several presenters. I'm going to give you the short story upfront. 2021 was the year of supply chain disruption, inflation and high consumer demand. We acted quickly in response. We raised price, and we added a significant number of co-packers and suppliers to our network. Consumer demand drove significant sales growth, which enabled us to offset some of the inflation. Because of the demand, we are now planning to significantly expand our capacity for vitamins, litter and laundry in the next 2 years.
During the past year, we kept our focus on being digitally savvy as our online sales grew to 15% of our global sales. We posted full year 2021 organic sales of 4%, which was broad-based across all our businesses, U.S., international
Church & Dwight Co Inc Analyst Day and Q4 2021 Earnings Call Transcript
Jan 22, 2024
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