Nonetheless, companies in the industry continue to face challenges related to higher manufacturing and logistic costs, increased commodity prices, and reduced volumes. Additionally, elevated spending on advertising and sales promotions is expected to impact near-term margins. Some companies are implementing cost-cutting measures to support margins while introducing products and enhancing marketing efforts. Notable players like The Procter & Gamble Company (PG) , Colgate-Palmolive (CL) , Henkel AG & Co. (HEN ...

Church & Dwight Co., Inc. (CHD) is capitalizing on strong consumer demand for its brands. The consumer product behemoth is also seeing success on the back of a strong brand presence, effective pricing strategies and increased productivity. Consistent innovation, continuous product introductions and strategic acquisitions have enabled it to build a robust portfolio. However, the stock is not immune to a rising cost environment. The Zacks Rank #3 (Hold) company has been resorting to incremental pricing across ...

Pricing Actions Drive Growth Although compensated by pricing, volumes and productivity gains, Church & Dwight's gross margin was partly hurt by inflation in first-quarter 2024. In its last earnings call, management highlighted that it expects to witness a rise in manufacturing costs, mainly due to capacity-related investments, a rise in third-party manufacturing expenses and moderate commodity inflation. In 2022, Church & Dwight acquired the Hero Mighty Patch brand (or Hero) and other acne treatment product ...

The stock market offers a platform for investors to buy shares in companies. Potentially earning profits through dividends. Dividend stocks pay regular income to shareholders, usually from the company's profits. These stocks attract investors looking for steady cash flow in addition to capital appreciation. One major advantage of investing in dividend stocks is the potential for regular income, which can be especially appealing during volatile or uncertain market conditions. Many dividend-paying companies a ...

Conference Call Participants Good morning, ladies and gentlemen. And welcome to Church & DwightÂ's First Quarter 2024 Earnings Conference Call. Matt Farrell We continue to grow in the online class of trade, with online sales as a percentage of global sales now reaching 20.5%. In March, we signed a definitive agreement to acquire Graphico, our Japanese distributor, for approximately $35 million. We expect the acquisition to close later this year. Now letÂ's look at a few important categories in the U.S., sta ...

Certain subsidiaries that are included in the Consumer International segment manufacture and sell personal care products to the Consumer Domestic segment. These sales are eliminated from the Consumer International segment results set forth in the table below. Product line revenues from external customers are as follows: | --- | --- | --- | --- | |------------------------------------|-------|---------------------------------------|--------------------------| | | | Three Months \nMarch 31, 2024 | Ended \nMarc ...

Church & Dwight (CHD) reported $1.5 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.1%. EPS of $0.96 for the same period compares to $0.85 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.49 billion, representing a surprise of +0.79%. The company delivered an EPS surprise of +11.63%, with the consensus EPS estimate being $0.86.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Church & Dwight (CHD) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.63%. A quarter ago, it was expected that this maker of household and personal products would post earnings of $0.64 per share when it actually produced earnings of $0.65, delivering a surprise of 1.56%.Over the l ...

CHURCH & DWIGHT CO., INC. CHURCH & DWIGHT REPORTS Q1 2024 RESULTS Q1 NET SALES, GROSS MARGIN AND EPS EXCEED OUTLOOK RAISES OUTLOOK FOR FULL YEAR GROSS MARGIN AND EPS First quarter 2024 Reported EPS was $0.93; an increase of 13.4% compared to 2023 reported EPS. First quarter Adjusted EPS was $0.96; an increase of 12.9%. First quarter Adjusted EPS exceeded the Company's outlook of $0.85 driven by higher-than-expected sales growth and gross margin expansion, and a lower tax rate. "In March, we signed a definit ...

Analysts on Wall Street project that Church & Dwight (CHD) will announce quarterly earnings of $0.86 per share in its forthcoming report, representing an increase of 1.2% year over year. Revenues are projected to reach $1.49 billion, increasing 4.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this p ...