“We're seeing volumes start to increase, and the sticker shock from its higher pricing has begun to wear off. The question is how quickly can the company return to 7-8 percent case volume growth and 15-20 percent [earnings per share] growth.”
“We continue to be concerned with the recent pattern of (the company's) estimate reductions, sales sluggishness in the core personal-care division, increasing margin pressures and deteriorating working capital trends.”
“While the strong showing at the retail stores and particularly consumer direct was impressive ... margins overall continue under pressure and working capital trends appear to be deteriorating.”
