Church & Dwight Company ( (CHD) ) has released its Q4 earnings. Here is a breakdown of the information Church & Dwight Company presented to its investors.
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Church & Dwight Co., Inc. is a leading U.S. producer of sodium bicarbonate, widely known as baking soda, and markets a diverse range of personal care, household, and specialty products under renowned brand names.
In its latest earnings report, Church & Dwight Co., Inc. announced that it exceeded its outlook for the fourth quarter and full-year 2024, with notable growth in net sales, earnings per share (EPS), and cash from operations. The company also declared a 4% increase in its quarterly dividend, marking the 29th consecutive year of dividend growth.
Key highlights from the report include a 4.1% increase in full-year net sales, with organic sales rising by 4.6% due to higher volumes and favorable pricing. The company’s global online sales grew significantly, contributing to a strong cash flow generation of over $1.1 billion in 2024. Adjusted EPS saw an 8.5% increase compared to the previous year, driven by strong sales performance across its brands and geographies.
Church & Dwight’s strong financial performance was bolstered by a 110 basis point expansion in adjusted gross margin and efficient working capital management, despite inflationary pressures. The company also highlighted successful new product launches and strategic acquisitions that have enhanced its growth trajectory.
Looking ahead to 2025, Church & Dwight anticipates a net sales growth of 3 to 4%, along with a 7 to 8% growth in adjusted EPS. The company’s management remains confident in its ability to continue delivering strong results, supported by ongoing innovations and strategic investments in brand development and acquisitions.
