The stock rallied 7.4% following a quarter marked by stronger-than-expected organic growth and record gross margin expansion, signaling investor approval of the company’s focused portfolio strategy and accelerating consumption trends.
- Organic revenue grew 3.9%, extending momentum from the prior year's double-digit growth.
- Adjusted gross margin improved by 480 basis points to 43.5%, the highest in company history.
- Total household penetration increased to 8.1%, adding 1.6 million new households over the past year.
- Consumption growth was robust at 8.3%, driven by a 20% rise in unit volume.
- The wipes portfolio showed notable traction with nearly 25% consumption growth and flushable wipes growing over 200%, advancing to the #4 brand position.
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