Church & Dwight (CHD) Thrives on Brand Strength Amid Cost Woes

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 ...