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., Inc. (NYSE: CHD) reported a 4.9% increase in Q4 net sales, reaching $1,436.0 million, driven by domestic business growth of 7.6%. Full-year net sales rose 3.6%, despite a $411 million impairment charge impacting EPS. Adjusted EPS for Q4 was $0.62, down 3.1%, and full-year adjusted EPS was $2.97, a 1.7% decrease. The company anticipates 5-7% sales growth and 2-4% organic growth in 2023, despite inflation and higher interest costs. A 4% increase in the quarterly dividend reflects strong cash generation. Church & Dwight continues to invest in innovation, launching new products across its brands.
Church & Dwight Co., Inc. (NYSE: CHD) will host a webcast on February 3, 2023, at 1:00 p.m. ET to discuss its fourth quarter and year-end 2022 earnings results. The event will be accessible live via www.churchdwight.com and will also be available for replay. Established in 1846, Church & Dwight is a leading U.S. producer of sodium bicarbonate and offers an extensive range of household and personal care products under renowned brands like ARM & HAMMER®, TROJAN®, and OXICLEAN®, which account for 85% of the company’s sales.
Church & Dwight Co., Inc. (NYSE: CHD) will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 6, at 8:45 a.m. ET. Investors can access the broadcast via the company's investor website. Founded in 1846, Church & Dwight is a leading U.S. producer of sodium bicarbonate and offers a diverse range of personal care, household, and specialty products under notable brands such as ARM & HAMMER, TROJAN, and OXICLEAN. Approximately 85% of the company’s product sales come from its fifteen key brands.
Church & Dwight Co., Inc. (NYSE: CHD) reported a 0.4% increase in third quarter net sales, reaching $1,317.3 million, despite a 1% drag from currency. Organic sales declined 0.7% due to an 8.5% drop in volume, somewhat balanced by a 7.8% rise in pricing. The EPS fell 17.4% year-over-year to $0.76. Full year net sales growth is projected at 3% with organic growth at 1%. The company's recent acquisition of Hero brands is expected to enhance market presence.
Church & Dwight Co. (NYSE:CHD) has declared a quarterly dividend of $0.2625 per share, payable on December 1, 2022. Stockholders of record by close of business on November 15, 2022 will receive this dividend. This marks the Company's 487th consecutive quarterly dividend, highlighting its commitment to returning value to shareholders. Church & Dwight is known for its extensive range of personal care and household products.
Church & Dwight will hold a conference call on October 28, 2022, at 10:00 a.m. ET to discuss its third quarter 2022 earnings. Media and investors can access the live audio webcast at www.churchdwight.com. The replay will also be available. Founded in 1846, Church & Dwight is a top U.S. producer of sodium bicarbonate and offers products under various brands, including ARM & HAMMER® and TROJAN®.
Church & Dwight has announced its acquisition of the Hero Mighty Patch brand for $630 million, consisting of cash and restricted stock. Hero is the #2 acne brand in the U.S. and has net sales of $115 million for the trailing twelve months. The acquisition is expected to close in Q4 and will be dilutive to EPS by $0.05 in 2022 but accretive by 3% to cash earnings in 2023. The deal reflects Church & Dwight's strategy of acquiring leading brands in growing categories, enhancing its portfolio of personal care products.
Church & Dwight Co., Inc. (NYSE: CHD) will present at the 2022 Barclays Global Consumer Staples Conference on September 6, 2022, at 12:45 p.m. ET. The event can be accessed via the Investors section of their website. Founded in 1846, Church & Dwight is a leading U.S. manufacturer of sodium bicarbonate and offers a variety of personal care and household products under well-known brands such as ARM & HAMMER®, TROJAN®, and OXICLEAN®. Approximately 80% of the company's sales come from fourteen key brands.
Church & Dwight Co., Inc. (NYSE: CHD) reported a 4.2% increase in net sales for Q2 2022, reaching $1,325.1 million. Domestic sales grew by 4.7% while international sales rose by 1.6%. The company's organic sales improved by 3.4%, mainly due to price increases. However, EPS was flat at $0.76 compared to the previous year, affected by a 12.6% decline year-over-year. Looking ahead, the company expects 2022 net sales growth to range between 4% to 5% with organic sales anticipated between 3% to 4%. Cash from operations is projected at $900 million.
Church & Dwight Co. declared a quarterly dividend of $0.2625 per share, payable on September 1, 2022, to stockholders of record by August 15, 2022. This marks the company's 486th consecutive quarterly dividend. Known for brands like Arm & Hammer, Church & Dwight manufactures various personal care and household products.
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