$CHD, which competes with $PG and $CL, said that marketing spend was down 30% and the company reallocated some of the spend putting it in the trade line for OXICLEAN. Adjusted SG&A was flat and operating margins were up 70 BP. The company's free cash flow was a record of $544MM for the year.
$FTR reorganized its business structure with the creation of new consumer and commercial business. The company said that the previous structures were more regionally focused and it had seven regions structure before the reorganization.
$PCLN believes that over the next decade China will continue to be
one of the largest opportunities for travel growth in terms of increasing market
share for the company. $PCLN also sees opportunities to increase domestic market
share in the US.
$PRGO said that in the Consumer Healthcare business, it has been seeing certain pricing pressure. Therefore, across categories $PRGO competes in, it has competitive pricing. The company expects pricing pressure to continue in different segments going forward. But given the growth in new products, $PRGO expects to overcome the pricing challenges.