Condom sales are surging

[BUtterfield 8 41,818]

Condom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold. But now, as more Americans are getting vaccinated and Covid-19 safety restrictions are loosening, condom makers are no longer having trouble getting their sales up.

Male condom sales in the United States increased 23.4% to $37 million during the four weeks ending April 18 compared with the same stretch a year ago, according to the latest figures from IRI, a market research firm that tracks point-of-sale data at big box retailers, grocery stores, drug stores and other retail channels.

That's after a 4.4% drop in all of 2020, according to IRI.

Reckitt Benckiser (RBGLY), the maker of Durex condoms, said Wednesday that Durex logged a double digit percentage sales increase during the company's latest quarter compared with the same quarter last year. Durex sales grew last year, despite a "challenging first half of the year," and sales were flat in 2019.

The company does not break out specific figures for Durex, but it attributed recent growth to relaxed social distancing rules.

The company was seeing "improvements for Durex in markets where social restrictions are being eased," CEO Laxman Narasimhan told analysts Wednesday.

Walgreens (WBA) and CVS (CVS)also said condom sales have grown at stores in recent weeks compared with a year ago. A spokesperson for CVS called the growth "substantial" in an email, but did not provide data.

Church & Dwight (CHD), the maker of Trojan condoms, said in January that this year looked "promising" for condom sales. "An even more eagerly awaited bounce back of sales is in the condom category as condoms mean pleasure. Eighteen-to 24-year-olds can't wait to get their social lives back," said chief marketing officer Britta Bomhard.

On Thursday, CEO Matt Farrell told analysts that condoms "are expected to deliver year-over-year growth as society opens up and consumers have greater mobility."

Even before the pandemic, condom sales had been sluggish. Sales dropped 2.4% in 2017 and 3.4% in 2018 before ticking up 1.2% in 2019, according to IRI data.

Trojan parent Church & Dwight said in its February 2020 annual filing that "condom usage has declined, as a result of a lower 18 to 24-year old population, alternate birth control options, less fear of HIV, less sex acts and increased competition."

Source

[Guest]

 get it boyos

[RAMROD 117,019]

That is good, casual encounfer and safe play is the best combination 

[QueenMortuana 1,219]

I read this as 'Chromatica sales are surging' 

[Helxig 45,336]

Y'all know it's only because the straights just don't want to have children in this economy because it will bankrupt them   the gays are terrible at bothering with protection

[ToxicHot 6,444]

Hopefully this is a good sign that one of them can be used on me pretty soon.  

[OhHenny2020 2,822]

[Anderson123 42,672]

COVID Bommers coming soon 2022.

[Anderson123 42,672]

10 minutes ago, Helxig said:

Y'all know it's only because the straights just don't want to have children into his economy because it will bankrupt them   the gays are terrible at bothering with protection

Not to mention the Gr*ndr gays have been hooking up regardless of the pandemic like it's any other day.

[MyQueen 2,409]

Especially on Grinder 

[Guest]

Lmao well at least there won’t be a surge in STD’s then?

[sarahb 17,187]

28 minutes ago, lestyoufall said:

Lmao well at least there won’t be a surge in STD’s then?

Or babies 

[Jose P 23,341]

Not people assuming Grindr gays ever stopped hooking up 

[Living 1,583]

that’s great, buttt

Just like tampons and other such products, condoms should be free. 

 

[bionic 50,111]

48 minutes ago, Jose P said:

Not people assuming Grindr gays ever stopped hooking up 

There have been plenty random hookups throughout various lockdowns, straight or gay (or any other kind)  I know a few people who stopped meeting people but purely anecdotally it seems most carried on