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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 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.
Church & Dwight Co., Inc. (NYSE:CHD) declared a regular quarterly dividend of $0.28375 per share, payable on June 3, 2024, to stockholders of record on May 15, 2024. This marks the Company's 493rd consecutive quarterly dividend. Church & Dwight Co., Inc. is known for manufacturing and marketing personal care, household, and specialty products under brands like Arm & Hammer.
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