...A. 2021 Results: Solid results despite challenging operating environment, which Co. believes provides further proof that strategy is working. 1. 2. Net sales grew 6% adding nearly $1b in revenue. 3. Organic sales grew 4.5%. At higher end of 3-5% 2021 guidance range, despite difficult comparisons. a. b. Led by two most important categories. Oral Care, which delivered organic sales growth at high end of mid-single-digits. i. ii. Pet Nutrition, which delivered organic sales growth in teens; second consecutive year with double-digit organic sales growth for Hill's. c. Both aforementioned categories saw acceleration in organic sales growth, which Co. thinks bodes well for 2022. 4. Personal Care and Home Care organic sales growth were down, as they lapped difficult comparisons driven by COVID-related demand. Anticipates both categories will return to growth in 2022. a. b. On compounded basis over past three years, delivered organic sales growth across every division and every category, with growth...
