More on Church & Dwight's Q4

• Church & Dwight (NYSE:NYSE:CHD) reports organic sales growth of 2.6% in Q4.
• Consumer domestic sales increased 3.1% to $672.3M.
• Consumer international sales decreased 9.8% to $125M primarily due to negative foreign exchange effects.
• Specialty products division sales grew 2.1% to $76.3M, driven by the acquisition of the Vi-COR business.
• Gross margin rate expanded 50 bps to 45.5%.
• SG&A expense rate +10 bps to 12.4%.
• Operating margin rate grew 50 bps to 19.4%.
• Q1 Guidance: Organic sales growth: ~+2% to +3%; Diluted EPS: $0.85.
• FY2016 Guidance: Organic sales growth: ~+3.0%; Gross margin rate: ~+40 bps; Market spending: ~12.3% of total sales; Operating margin rate: ~+50 bps; Adjusted EPS: +7.0% to +9.0%.