Church & Dwight Co., Inc. (NYSE: CHD) reported higher earnings and revenues for the second quarter of 2023. The company also provided an outlook for fiscal 2023.
- Second-quarter net sales increased 9.7% year-over-year to $1.45 billion, with domestic and international sales growing 12.3% and 4.9% respectively
- Specialty products net sales were $84.1 million, which marks a $5.8 million or 6.5% decrease versus the prior year
- Earnings, including special items, increased 17% to $0.89 per share in Q2; adjusted earnings climbed 21.1% to $0.92 per share
- Gross margin increased 270 basis points to 43.9% due to improved pricing, productivity, and the impact of the HERO acquisition
- For fiscal 2023, the management expects net sales to increase by about 8% from last year, and organic sales approximately 5%
- The guidance for full-year earnings growth is around 80%, while adjusted EPS is expected to grow 6%
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
