date:Oct 28, 2013
xed cost volume absorption and overall input cost deflation, the Company now expects 2013 full-year adjusted gross margin expansion of 240 to 250 basis points versus a previous estimate of 220 to 230 basis points. This increase, as well as the slightly lower tax rate, will offset the aforementioned increase in advertising expense and SMA investments. As a result, the Company continues to anticipate 2013 adjusted earnings per share-diluted growth of around 14 percent.
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