Welcome to our dedicated page for Church & Dwight Co news (Ticker: CHD), a resource for investors and traders seeking the latest updates and insights on Church & Dwight Co stock.
News about Church & Dwight Co., Inc. (NYSE: CHD) centers on its role as a manufacturer and marketer of personal care, household, and specialty products, as well as its position as the leading U.S. producer of sodium bicarbonate. Company press releases highlight developments across its portfolio of brands, including ARM & HAMMER, TROJAN, OXICLEAN, FIRST RESPONSE, NAIR, ORAJEL, XTRA, BATISTE, WATERPIK, ZICAM, THERABREATH, HERO and TOUCHLAND.
On this page, readers can follow company‑issued announcements about quarterly and annual earnings, analyst day webcasts, and presentations at investor conferences. Earnings releases discuss performance in the Consumer Domestic, Consumer International and Specialty Products businesses, along with commentary on category trends, marketing investment and brand share movements for products such as THERABREATH mouthwash, HERO acne products, ARM & HAMMER cat litter and other lines referenced by the company.
News items also cover portfolio actions and strategic reviews. Recent communications include decisions to exit the FLAWLESS, SPINBRUSH and WATERPIK showerhead businesses and a definitive agreement to sell the VitaFusion and L’il Critters vitamin brands, including related trademarks, licenses and facilities, to Piping Rock Health Products, Inc. Other releases describe the acquisition and integration of the TOUCHLAND hand sanitizer business and its designation as a power brand within the Church & Dwight portfolio.
Investors and followers of CHD stock can use this news feed to review official updates on dividends, capital allocation decisions, governance changes such as amendments to corporate governance guidelines, and sustainability‑related recognition cited by the company. Regular visits provide a consolidated view of how Church & Dwight communicates its financial results, brand initiatives and strategic portfolio changes over time.
Finishing Touch Flawless, a beauty brand under Church & Dwight (NYSE:CHD), has partnered with model and designer Amelia Gray Hamlin as their new social ambassador. Hamlin will feature in a social media campaign promoting popular products like Flawless and Nu Razor, sharing personal insights about these tools with her followers. The collaboration aims to highlight the ease and convenience of hair removal, aligning with Hamlin's busy lifestyle. Finishing Touch Flawless, known for its dermatologist-approved and hypoallergenic devices, continues to empower women with innovative beauty solutions.
On December 15, 2020, Finishing Touch Flawless, a Church & Dwight brand, announced a partnership with actress and singer Dove Cameron. As the new brand ambassador, Cameron will promote various Flawless beauty products through a social media campaign. Brand Manager Hayley Parisi highlighted the importance of providing a safe hair removal alternative for young women and noted Cameron's influence in reaching this demographic. CEO Andy Khubani expressed excitement over Cameron joining the team, citing her authenticity as a role model for young women.
Finishing Touch® Flawless, a beauty brand under Church & Dwight Co. (NYSE: CHD), has announced a partnership with Ashley Graham, host of the Pretty Big Deal podcast. The collaboration aims to promote Flawless Cleanse and other products through Graham's podcast and social media. The campaign is set to enhance brand awareness as Graham shares her experiences with Flawless products, emphasizing empowerment and confidence. The Flawless line has been recognized for its effective beauty solutions and has ranked as the #1 selling hair removal products in the U.S. for three consecutive years.
Finishing Touch Flawless, a beauty brand under Church & Dwight Co. (NYSE: CHD), has announced a partnership with actress Halle Berry. Berry will feature in a multi-media campaign launching in January 2021, which includes television, print, and social media. Brand manager Hayley Parisi emphasized Berry's embodiment of the brand's mission to empower women. Halle Berry is recognized as a trailblazer for women of color and is being celebrated for her philanthropic efforts. Finishing Touch Flawless has been a top seller for hair removal products in the U.S. for three consecutive years.
Gryphon Investors has successfully sold its portfolio company, Matrixx Initiatives, Inc., to Church & Dwight Co., Inc. (NYSE: CHD) as of December 1, 2020. Matrixx, based in Bridgewater, NJ, is known for its Zicam cold remedy products. Since Gryphon's investment in December 2017, strategic enhancements led by CEO Marc Rovner have accelerated growth, particularly in e-commerce and product innovation. Gryphon continues to focus on the Consumer Health sector, highlighting its proactive investment strategy.
Church & Dwight Co. (NYSE: CHD) has completed the acquisition of Matrixx Initiatives, owner of the ZICAM™ brand, for $530 million. This stock purchase, funded through cash and debt, aims to enhance CHD's portfolio with Zicam, the leading zinc supplement in the U.S. Zicam's annual net sales are projected at approximately $90 million, with EBITDA around $36 million. The acquisition is expected to generate $5 million in annual cost savings by 2022 and be 3% accretive to cash earnings in 2021. The integration will be discussed during a management call on December 1, 2020.
Church & Dwight Co. reported Q3 2020 EPS of $0.85, a 37.1% increase YoY, with adjusted EPS at $0.70. Net sales rose 13.9% to $1.24 billion, driven by heightened consumer demand due to COVID-19. Organic sales grew 9.9%, primarily from volume increases. Notable growth was seen in household and personal care products. The company anticipates a full-year sales growth of about 11% and raised EPS expectations to $2.79-$2.81. Despite challenges such as gross margin contraction and supply chain costs, investments in marketing and product innovation are expected to drive future growth.
Church & Dwight Co. (NYSE:CHD) has declared a quarterly dividend of $0.24 per share, marking the 479th consecutive quarterly dividend. This dividend will be payable on December 1, 2020 to shareholders on record as of November 16, 2020. The company, known for its wide range of personal care and household products under the Arm & Hammer brand, continues to demonstrate financial stability and commitment to its investors through regular dividend payments.
Church & Dwight Co., with the stock symbol CHD, will hold a conference call on October 29, 2020, at 10:00 a.m. Eastern time to discuss its third quarter earnings results. Interested participants can join by calling 877-322-9846 in the U.S. or 631-291-4539 internationally, using access code 9285485. A replay will be available at 855-859-2056. Additionally, the call can be accessed via webcast from the Investor Relations section of the company's website. Church & Dwight manufactures a variety of products under the ARM & HAMMER brand and other trademarks.
CR Brands has launched ARM & HAMMER Essentials Disinfecting Wipes, now available at major retailers across the U.S. These wipes feature a citrus-based formula that effectively kills 99.9% of viruses and bacteria, including COVID-19, without harsh chemicals. CEO Tim Harrison noted the longstanding trust in the ARM & HAMMER brand, highlighting increased demand for sanitizing products amid the pandemic. The wipes meet EPA criteria for use against SARS-CoV-2. This launch aligns with CR Brands' strategy to expand its product offerings under recognized brands.