The company is focused on driving organic sales growth and consistent compounded earnings per share growth through science-led innovation, higher-growth segments, expansion in faster-growing channels and markets, and margin expansion through operating leverage and efficiency.

The company is prioritizing investments in high-growth segments within Oral Care, Personal Care, and Pet Nutrition, and is strengthening capabilities in areas such as innovation, digital, AI, eCommerce, and data and analytics.

The company is implementing funding-the-growth initiatives to reduce costs associated with direct materials, indirect expenses, distribution and logistics, and advertising and promotional materials.

All initiatives under the 2022 Global Productivity Initiative have been implemented as of the third quarter of 2024, with remaining charges expected by the end of 2024. The initiative is expected to result in $125M in annualized pretax savings.

The company realigned the reporting structure of its skin health business effective July 1, 2024, with skin health results now reported within the North America segment, with no impact on consolidated results.

Management is focused on continuous, company-wide initiatives to lower costs and increase effective asset utilization, including raw material substitution, reduction of packaging materials, and consolidating suppliers.

The company expects global macroeconomic, political, and market conditions to remain challenging, including inflation, high interest rates, and foreign currency volatility, which may impact consumer demand and sales volumes.

The company is monitoring the impact of geopolitical events and tensions, such as the wars in Ukraine and the Middle East, on its business, including supply chain disruptions, cost increases, and currency volatility.

The company is experiencing heightened competitive activity and changes in the retail landscape, including the growth of eCommerce and alternative retail channels, which may create pricing pressures and impact relationships with key retailers.

The company's share of the global toothpaste market was 41.6% year-to-date, up 0.5 share points from the year-ago period.

The company's share of the global manual toothbrush market was 32.3% year-to-date, up 0.9 share points from the year-ago period.

The company continues to experience heightened competitive activity in certain markets from strong local competitors, other large multinational companies, and new entrants.

Gross profit margin increased due to cost savings from the company's funding-the-growth initiatives, higher pricing, and favorable mix, partially offset by higher raw and packaging material costs.

The company is streamlining its supply chain to reduce structural costs as part of the 2022 Global Productivity Initiative.

The company is focused on optimizing the management of working capital, capital expenditures, cash flow, and return on capital.

The company is strengthening and leveraging its capabilities in areas such as innovation, digital, artificial intelligence, eCommerce, and data and analytics.

The company is focused on driving organic sales growth through science-led, core, and premium innovation.

The company is in the process of upgrading its enterprise IT system to SAP S/4 HANA, which is not expected to have a material impact on internal controls.

The company increased the quarterly common stock dividend to $0.50 per share from $0.48 per share, effective in the second quarter of 2024.

The company continues to repurchase shares of its common stock under the 2022 Program and other authorized plans.

The company continues to focus its capital spending on projects that are expected to yield high aftertax returns, with capital expenditures for 2024 expected to be approximately 3.0% of Net sales.

The company is embracing its sustainability and social impact and diversity, equity, and inclusion strategies across its organization.

The company is seeking to lead in the development of human capital and to maximize the impact of its DE&I strategies.

Management proactively reviews and monitors the Company's exposure to, and the impact of, environmental matters.

The company has experienced and will likely continue to experience volatile foreign currency fluctuations, particularly in Argentina and Türkiye.

Inflation has impacted the broader economy with consumers around the world facing widespread rising prices as well as high interest rates resulting from measures to address inflation, which may impact consumer consumption.

The company continues to closely monitor the impact of geopolitical events and tensions, such as the wars in Ukraine and the Middle East, on its business.