OxiClean maker Church & Dwight expects downbeat fourth-quarter on slowing demand [Yahoo! Finance Canada]
Church & Dwight Company, Inc. (CHD)
Last church & dwight company, inc. earnings: 4/30 06:55 am
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Source: Yahoo! Finance Canada
repeated price hikes on the company's household products pushed customers into buying fewer name brands and look for cheaper alternatives. Consumer goods companies such as Church & Dwight and Procter & Gamble are now seeing pressure on volumes from the price increases undertaken for nearly two years to offset rising costs. Church & Dwight in an attempt to regain customers is now investing in a slew of launches in the laundry and personal care categories with Arm & Hammer's deep clean detergent and Hero's Dissolve Away Daily Cleansing Balm. This helped drive volumes up by 3.1% this quarter, but came lower than the 3.5% growth in the prior quarter. Third-quarter average selling prices at Church & Dwight rose 1.2%. "While US consumption in our categories improved slightly in September and October, we remain cautious regarding the US consumer and category growth rates for Q4,' CEO Matthew Farrell said. The company expects fourth-quarter revenue to rise about 1.5% to 2.5%, belo
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CHD
Earnings
- 11/1/24 - Beat
CHD
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/16/24 - Form 144
- CHD's page on the SEC website