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Stock impact report

CHD Q3 Earnings Beat, Robust Consumer Demand Drives Sales Growth [Yahoo! Finance]

Church & Dwight Company, Inc. (CHD) 
Last church & dwight company, inc. earnings: 4/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/church_(building)
Company Research Source: Yahoo! Finance
Quarterly earnings and net sales surpassed the Zacks Consensus Estimate. The results were driven by strong consumer demand across CHD's portfolio, the resilience of its brands, successful new product launches and continued commitment to effective execution. Quarterly adjusted earnings of 79 cents per share beat the Zacks Consensus Estimate of 68 cents. The bottom line increased 6.8% year over year, buoyed by better-than-expected sales growth and gross margin expansion. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales of $1,510.6 million advanced 3.8% year over year and surpassed the Zacks Consensus Estimate of $1,493.8 million. The upside can be attributed to robust consumer demand across its portfolio. Organic sales increased 4.3% due to gains from volume to the tune of 3.1% and the favorable product mix and pricing of 1.2%. We had expected organic sales growth of 2.9% in the quarter. The global online sales accounted for 20.7% of total consumer Show less Read more
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