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
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
