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Church & Dwight Co., Inc. (NYSE: CHD) is a prominent manufacturer and marketer of household, personal care, and specialty products. Founded over 170 years ago, the company boasts a rich history and a commitment to delivering quality products to consumers. The flagship brand, Arm & Hammer, is renowned for its baking soda and has extended its reach to include a variety of products such as laundry detergent, cat litter, oral care, deodorant, and nasal care.
Church & Dwight’s diverse portfolio also encompasses other well-known brands like Trojan™, OxiClean™, First Response™, Nair™, Spinbrush™, Vitafusion™, Batiste™, Orajel™, and XTRA™. The company has evolved from a primarily U.S.-focused business into a global entity, making it one of the fastest-growing consumer packaged goods companies. Despite this global expansion, over 80% of its sales still come from its home market in the United States.
Recent achievements include expanding its product line and entering new markets, which have bolstered its financial condition and market position. The company is also known for its commitment to sustainability and environmental protection, ensuring its operations and products minimize their ecological footprint.
Church & Dwight recently initiated a voluntary recall of a specific lot of TheraBreath Strawberry Splash for Kids 16oz due to microbial contamination. The company is coordinating closely with the U.S. Food & Drug Administration (FDA) and ensuring all safety protocols are followed. This issue underscores its dedication to consumer safety and product quality.
The company values the trust of its customers, consumers, and shareholders, and emphasizes the importance of its employees' dedication and engagement in every business operation worldwide. Church & Dwight's goal remains to delight customers with high-quality, affordable products while safeguarding the environment.
Church & Dwight (CHD) reported strong Q3 2024 results with net sales growing 3.8% to $1,510.6 million and organic sales up 4.3%. The company experienced volume growth of 3.1% and positive product mix and pricing of 1.2%. While reporting a loss per share of -$0.31 due to non-cash asset impairment charges in the vitamin business, adjusted EPS increased 6.8% to $0.79.
The company's full-year outlook projects net sales growth of 3.5%, organic sales growth of 4.0%, and adjusted gross margin expansion of 110 basis points. Cash from operations is expected to reach approximately $1.1 billion. The company recorded a $357.1 million non-cash impairment charge related to its vitamin business.
Church & Dwight (NYSE:CHD) has announced its 495th regular quarterly dividend of $0.28375 per share. The dividend will be paid on December 2, 2024 to stockholders of record as of November 15, 2024. The company, known for its Arm & Hammer brand, manufactures and markets personal care, household, and specialty products.
Church & Dwight Co., Inc. (NYSE: CHD) has announced it will webcast a discussion of its third quarter 2024 earnings results on Friday, November 1, 2024, starting at 10:00 a.m. ET. Media and investors can access the live audio webcast at https://investor.churchdwight.com/. A replay will also be available.
Church & Dwight, founded in 1846, is the leading U.S. producer of sodium bicarbonate (baking soda). The company manufactures and markets a wide range of personal care, household, and specialty products under brands like ARM & HAMMER®, OXICLEAN®, VITAFUSION®, BATISTE®, WATERPIK®, THERABREATH® and HERO®. These seven key brands represent approximately 70% of the Company's products sales.
Church & Dwight Co., Inc. (NYSE: CHD) has announced a CEO transition plan. Richard Dierker, a 15-year company veteran, will be promoted to President and CEO effective March 31, 2025. Current CEO Matthew Farrell will continue in his role until then and remain as Chairman of the Board for a transition period.
Under Farrell's leadership, Church & Dwight's market cap has more than doubled to over $25 billion. The Board praised Farrell's contributions and expressed confidence in Dierker's ability to lead the company forward. Dierker, currently CFO and Head of Operations, has been instrumental in developing the company's strategy and driving its performance.
The transition aims to sustain Church & Dwight's Evergreen model, acquisition strategy, and value creation for shareholders.
Church & Dwight Co., Inc. (NYSE: CHD) has announced its participation in the 2024 Barclays Global Consumer Staples Conference on Thursday, September 5, 2024, at 9:00 a.m. ET. The company will provide a link to the broadcast through the Investors section of its website. Church & Dwight, founded in 1846, is the leading U.S. producer of sodium bicarbonate (baking soda) and manufactures a wide range of personal care, household, and specialty products under well-known brand names such as ARM & HAMMER®, TROJAN®, OXICLEAN®, WATERPIK®, and ZICAM®.
Church & Dwight (NYSE: CHD) reported strong Q2 2024 results, exceeding expectations with net sales increasing by 3.9% to $1,511.2 million, driven by robust consumer demand.
Organic sales grew by 4.7% due to a 3.5% volume increase and a 1.2% positive product mix and pricing. The company’s reported EPS rose by 11.2% to $0.99, aided by a favorable tariff ruling, while adjusted EPS increased by 1.1% to $0.93. Adjusted gross margin expanded by 150 basis points.
For the full year, the company forecasts net sales growth of 3.5% and organic sales growth of 4.0%. Cash from operations is projected to reach $1.08 billion.
CEO Matthew Farrell highlighted the success of new products and strong performance across all divisions. The domestic segment saw a 3.8% sales increase, international sales rose by 9.0%, and the specialty products division’s organic sales grew by 3.9%. However, the specialty division faced an 8.6% decline in net sales due to strategic exits from certain businesses.
Church & Dwight Co. (NYSE:CHD) has declared its 494th regular quarterly dividend of $0.28375 per share. The dividend will be payable on September 3, 2024 to stockholders of record as of August 15, 2024. This announcement demonstrates the company's consistent commitment to returning value to shareholders. Church & Dwight, known for its Arm & Hammer brand and other well-known trademarks, manufactures and markets a wide range of personal care, household, and specialty products. The continuation of this long-standing dividend streak highlights the company's financial stability and shareholder-friendly approach.
Church & Dwight (NYSE: CHD) will webcast its second quarter 2024 earnings results discussion on August 2, 2024, at 10:00 a.m. ET. Both media and investors can access the live audio webcast through the company's investor relations website, with a replay option available later. Founded in 1846, Church & Dwight is a leading producer of sodium bicarbonate and markets a range of personal care, household, and specialty products under brands like ARM & HAMMER, OXICLEAN, VITAFUSION, and others. Approximately 70% of the company's sales come from these seven key brands. For further details, visit their official website.
Church & Dwight (NYSE: CHD) will participate in a fireside chat at the dbAccess Global Consumer Conference on Tuesday, June 4 at 11:15 a.m. CEST (5:15 a.m. EST). The company is a leading U.S. producer of sodium bicarbonate and manufactures a variety of personal care, household, and specialty products under well-known brand names such as ARM & HAMMER, TROJAN, OXICLEAN, and many others. Details of the broadcast will be available on the Investors section of the Church & Dwight’s website.
Church & Dwight reported strong Q1 2024 results with net sales up 5.1%, organic sales up 5.2%, gross margin expansion of 220 bps, and reported EPS growth of 13.4%. The company exceeded outlook, with all divisions showing growth. Marketing expenses increased, and new product launches are driving growth. Full year outlook includes net sales growth of 4-5%, gross margin expansion, and strong cash flow generation.
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