The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies con ...

Church & Dwight (CHD) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Revenues are expected to be $1.51 billion, up 3.8% from the year-ago quarter. Estimate revisions ahead of a company's earnings release offer clu ...

Momentum Score The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Ra ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Church & Dwight (CHD) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question. Church & Dwight is one of 185 companies in the Consumer Staples ...

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 ...

Financial Data and Key Metrics Changes - Adjusted EPS for Q1 2024 was $0.96, up 12.9% from the prior year, exceeding the outlook of $0.85 due to higher-than-expected sales growth, gross margin expansion, and a lower tax rate [135][158] - Reported revenue increased by 5.1%, with organic sales growth of 5.2%, driven by a volume increase of 3.7% and a positive product mix and pricing of 1.5% [145][165] - Gross margin expanded by 220 basis points to 45.7%, primarily due to productivity, volume, mix, and pricing, net of higher manufacturing costs [165][158] Business Line Data and Key Metrics Changes - In the laundry segment, ARM & HAMMER Liquid Laundry Detergent consumption was flat, while the category grew by 2% [5] - BATISTE in Personal Care saw a strong consumption growth of 19% in Q1, increasing its market share to 47.5% [7] - The Gummy Vitamins and WATERPIK segments negatively impacted total company organic growth, with WATERPIK experiencing a 1% drag due to retailer inventory adjustments [8][180] Market Data and Key Metrics Changes - The International business delivered organic growth of 8.8% in Q1, driven by strong performance in Mexico, Germany, the U.K., and France [9] - Specialty Products organic sales increased by 7.2%, primarily due to record sales in the Eurasia business [9] - ARM & HAMMER Litter grew consumption by 5% in Q1, aligning with category growth [178] Company Strategy and Development Direction - The company signed an agreement to acquire Graphico, a Japanese distributor, for approximately $35 million, expected to close later this year, enhancing its presence in Japan and the APAC region [4][176] - The company plans to leverage revenue growth management to support selective brand and retailer growth, which has shown positive results in the first quarter [88] - New product launches, including ARM & HAMMER Deep Clean and Power Sheets, are expected to drive organic growth, with an anticipated contribution of about 2% from new products for the year [30][134] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operating environment, noting that despite challenges in certain segments, overall performance remains strong with three consecutive quarters of U.S. volume growth [159][163] - The company raised its full-year outlook for gross margin and EPS growth due to a strong start in Q1 [164] - Management highlighted that while there are pressures on the consumer, the company has not seen a significant decline in consumption across its product categories [82] Other Important Information - Marketing expenses increased by $29.7 million year-over-year, accounting for 10.1% of net sales, which contributed to market share gains [183] - Capital expenditures for Q1 were $46.3 million, with expectations of approximately $180 million for the full year as capacity expansion projects continue [167] - The company expects cash flow from operations to be approximately $1,050 million for the full year, slightly up from the previous outlook of $1 billion [166] Q&A Session Summary Question: What is the outlook for laundry volumes? - Management noted an improvement in laundry volumes and expects this trend to continue as promotional activities normalize [18][39] Question: What is the impact of WATERPIK's performance on the outlook? - Management indicated that while WATERPIK faced shipment issues due to retailer inventory adjustments, consumption remains healthy, and they expect recovery in the latter part of the year [28][29] Question: How is the company managing marketing expenses? - Management stated that marketing spending is expected to increase in Q2 and Q3, with a strategic shift to support new product launches [35][36] Question: What are the dynamics in the litter market? - Management acknowledged increased competition and private label activity but emphasized that their market share remains strong [33][62] Question: How is the company addressing consumer pressures? - Management highlighted that while there are pressures such as rising credit card debt, consumption for their products has remained stable, indicating resilience in their portfolio [82][61]

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 ...