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.
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 Co. (NYSE: CHD) reported a strong first quarter for 2023, with net sales increasing by 10.2% to $1,429.8 million, driven by a 12.2% growth in domestic sales. Organic sales rose 5.7%, with notable contributions from established brands. The gross margin expanded by 90 basis points, attributed to effective pricing and productivity gains. Although reported EPS decreased by 1.2% to $0.82, adjusted EPS increased 2.4% to $0.85, surpassing expectations. The company raised its full-year sales growth outlook to 6-7% and adjusted EPS forecast to 2-4%. Cash flow from operations is anticipated at $950 million. The CEO highlighted improved consumer demand and successful integration of recent acquisitions, including HERO and THERABREATH, contributing to market share growth.
Church & Dwight Co. (NYSE:CHD) has declared a regular quarterly dividend of
Church & Dwight Co., Inc. (NYSE: CHD) will host a conference call on April 27, 2023, at 10:00 a.m. ET to discuss its first quarter 2023 earnings results. Investors and media can access the live audio webcast through www.churchdwight.com. Founded in 1846, Church & Dwight is a leading U.S. producer of sodium bicarbonate and offers popular brands like ARM & HAMMER®, TROJAN®, and OXICLEAN®. These brands account for approximately 85% of the company's product sales.
Church & Dwight Co., Inc. (NYSE: CHD) will present at the 2023 Consumer Analyst Group of New York (CAGNY) Conference on February 22, 2023, at 3:00 PM EST. The presentation can be accessed via the company’s website. A replay will be available after the event. Founded in 1846, Church & Dwight is a leading U.S. producer of sodium bicarbonate and offers various well-known brands, including ARM & HAMMER® and TROJAN®, which collectively account for approximately 85% of its product sales.
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