CHURCH & DWIGHT CO., INC. Safe Harbor Statement This presentation contains forward-looking statements, including, among others, statements relating to net sales and earnings growth; gross margin changes; trade, marketing, and SG&A spending; sufficiency of cash flows from operations; earnings per share; cost savings programs; consumer demand and spending; the effects of competition; the effect of product mix; volume growth, including the effects of new product launches into new and existing categories; the i ...

营收情况 - Church & Dwight (CHD) 在2023年12月结束的季度报告显示，营收达到15.3亿美元，同比增长6.4% [1] - 公司的营收超出了Zacks Consensus Estimate的15.1亿美元，增幅为+1.09% [2] - 公司的总消费者净销售额为14.5亿美元，超过了七位分析师的平均估计，同比增长7.4% [5] 每股收益 - 公司每股收益为0.65美元，较去年同期的0.62美元有所增长 [1] - 每股收益也超出了预期，增幅为+1.56% [2] 销售额变化 - 消费者国内净销售额为11.9亿美元，同比增长6.4% [6] - 消费者国际净销售额为2.588亿美元，同比增长11.9% [7] - 专业产品部门的净销售额为7620万美元，较去年同期下降9.2% [8] - 消费者国内家庭产品净销售额为6.271亿美元，同比增长6.9% [9] - 消费者国内个人护理产品净销售额为5.659亿美元，同比增长5.9% [10] 股票表现 - Church & Dwight 的股票在过去一个月中表现良好，涨幅为7.7%，目前具有Zacks Rank 2（买入），预示着在短期内可能会超过更广泛的市场 [11]

Church & Dwight (CHD) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.56%. A quarter ago, it was expected that this maker of household and personal products would post earnings of $0.68 per share when it actually produced earnings of $0.74, delivering a surprise of 8.82%. Over the ...

Church & Dwight Co., Inc. (CHD) is likely to register top-line growth when it reports fourth-quarter 2023 earnings on Feb 2, before market open. The Zacks Consensus Estimate for revenues is pegged at $1.51 billion, suggesting a rise of 5.3% from the prior-year quarter’s reported figure. The consensus mark for quarterly earnings has been unchanged in the past 30 days to 64 cents per share. This indicates an increase of 3.2% from the year-ago quarter’s reported figure. CHD has a trailing four-quarter earnings ...

Wall Street analysts expect Church & Dwight (CHD) to post quarterly earnings of $0.64 per share in its upcoming report, which indicates a year-over-year increase of 3.2%. Revenues are expected to be $1.51 billion, up 5.3% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Church & Dwight (CHD) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Februa ...

It’s easy to overlook consumer staples stocks when growth stocks are doing so well. After a monstrous 2023 rally for major indices like the Nasdaq 100 and the S&P 500, it’s easy to feel invincible as a growth investor. While growth stocks can continue to rally higher, investors should never feel invincible about their decisions. That type of hubris can give way to considerable losses and a sense of panic that results in making the wrong decisions. Consumer staples stocks usually don’t decline as much as the ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Church & Dwight (CHD) , which belongs to the Zacks Soap and Cleaning Materials industry, could be a great candidate to consider. This maker of household and personal products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 12.64%. For the last ...

Players in the Zacks Soap and Cleaning Materials industry have been benefiting from pricing actions, which have played key roles in uplifting the sales trends for the industry participants. The companies continue to gain from solid demand for consumer products and brands, cost-saving efforts, and strong execution. The players focused on transforming operations, digital commerce growth, innovation and brand building have been gaining amid macro hardships. Nevertheless, the companies continue to witness headw ...

财务数据和关键指标变化 - 第三季度调整后每股收益为0.74美元,高于之前的0.66美元预期,主要由于销售增长和毛利率扩张超预期 [17] - 第三季度销售增长10.5%,有机销售增长4.8%,其中一半以上来自于销量增长 [17] - 第三季度毛利率为44.4%,同比增加270个基点,主要受益于价格、销量和生产效率提升,部分被通胀拖累 [17][18] 各条业务线数据和关键指标变化 - 美国消费品业务有机销售增长5.5%,其中3.6%来自于销量增长,7个主要品牌保持或增加市场份额 [8] - 洗衣业务ARM & HAMMER液体洗衣液销量增长,获得5%市场份额,XTRA超值洗衣液销量增长6.1%,市场份额增至3.8% [8][10] - 猫砂业务ARM & HAMMER猫砂销量增长11%,市场份额接近25% [10] - 个人护理业务BATISTE干洗发水销量增长14%,HERO品牌在祛痘贴细分市场占据50%以上份额 [11] - 国际业务有机销售增长7.3%,主要受益于STERIMAR和OXICLEAN的销量增长 [14] - 特殊产品业务销售下降10%,主要受到一个产品线MEGALAC的低价进口产品冲击 [28][29] 各个市场数据和关键指标变化 - 美国失业率维持在低位,但消费者家庭资产负债表趋紧,储蓄下降,信用卡债务上升,学生贷款重启,导致消费者更关注性价比 [7] - 公司40%的产品组合为性价比产品,有利于在经济环境下表现 [7][8] - 洗衣液和单剂型洗衣产品的促销力度有所上升,但猫砂促销力度下降 [60][61] 公司战略和发展方向及行业竞争 - 公司将继续投资营销、研发和自动化等,以推动未来增长 [22] - 公司有望在2024年推出一系列创新新品,为未来增长奠定基础 [47][105] - 公司将继续关注并购机会,但受到利率上升的影响,审慎评估 [91][92] - 公司在一些细分市场如祛痘贴和口腔护理等领域占据领先地位,未来有望进一步扩张 [11][12] 管理层对经营环境和未来前景的评论 - 管理层对公司第四季度和2024年的前景表示乐观,预计将实现连续两个季度的销量增长 [15][25][46] - 管理层认为公司的价值和高端产品组合均表现良好,有利于在经济环境下保持竞争力 [7][46][47] - 管理层表示将继续投资营销和研发,以推动未来增长,并保持长期发展的视角 [15][22][47] 问答环节重要的提问和回答 问题1 **Rupesh Parikh提问** 特殊产品业务在未来几个季度会持续疲软 [28][29] **Matt Farrell回答** 特殊产品业务至少在第四季度和2024年第一季度会继续拖累业绩,公司正在采取措施重组该业务 [29][30] 问题2 **Bill Chappell提问** HERO和THERABREATH品牌在2024年的增长前景如何 [36][37] **Matt Farrell和Rick Dierker回答** 这两个品牌在2023年获得了大量新的分销渠道,2024年将主要通过进一步扩大shelf space来推动增长 [37][38][39] 问题3 **Chris Carey提问** 公司在2024年的整体前景如何,是否有其他值得关注的地方 [45][46] **Matt Farrell回答** 公司对2024年前景充满信心,预计销量、毛利率和新产品将为未来增长奠定基础,公司将继续投资以推动长期发展 [46][47]