Garry Ridge
Garry Ridge
achieve area competition continue due face household increased increases launch products promotions success
While we continue to face significant competition in the household products categories, we were able to achieve success in this area due to increased distribution, increases in promotions and the launch of new products.
additional both changes currency european exchange foreign growth last million net offset rates regions sales seeing seen
We did well in both our European and Asia/Pacific regions during the quarter, but some of this growth was offset by changes in foreign currency exchange rates. If we were still seeing the same rates we had last year, we would have seen an additional $1.7 million in sales and $0.2 million in net income.
across commitment growth innovation pleased products profit recent resulted sales success trading
We are pleased with the sales and profit growth we have generated across all of our trading blocs. We have also started to see success from our commitment to innovation and the recent introduction of new products that have resulted from that strategy.