— At $4.4 billion, net sales were unchanged from last year, vs. $4.43 billion expected; organic net sales increased 1%
— Gross margin rose by 130 basis points to 35.5%; adjusted gross margin moved up 80 basis points
— Expects full-year 2020 organic net sales to grow in the 1-2% range; sees adjusted operating profit rising between 2% and 4%
— Expects adjusted earnings to increase in the range of 3% to 5%; looking for free cash flow conversion of at least 105% of adjusted after-tax earnings
