William Chappell may refer to: (wikipedia)
Clearly, management should have taken a closer look at Holmes' forecast when it was acquired, but we do not believe that the division is losing market share.
They raised their long-term revenue guidance, which tells me that they feel pretty good about the product pipelines.
I think in particular the underarm (deodorant) category was one where competitors like Colgate and Unilever were clamoring for some divestiture.
I think women get a little crazier when they run in packs. They want to outdo each other.
The simple reason that they're able to forecast that kind of figure, that they're able to launch and get retail acceptance for something this large, is really positive.
There may be some surprise to the near-term dilution in earnings. The numbers are encouraging, but when you are talking about 2008, it is tough to get too excited.
Revenue came in a little bit lower than expected, but that has to do with timing of shipments. As investors start to digest today's news the stock will move higher.
