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Church & Dwight's Q3 results reflect increased sales and earnings on strong consumer demand, resilience of its brands and successful new product launches.
Church & Dwight Co., Inc. (NYSE:CHD ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Matt Farrell - Chairman, President and Chief Executive Officer Rick Dierker - Chief Financial Officer and Head of Business Operations Conference Call Participants Chris Carey - Wells Fargo Securities Rupesh Parikh - Oppenheimer Bonnie Herzog - Goldman Sachs Steve Powers - Deutsche Bank Dara Mohsenian - Morgan Stanley Peter Grom - UPS Anna Lizzul - Bank of America Lauren Lieberman - Barclays Kevin Grundy - BNP Paribas Andrea Teixeira - JPMorgan Filippo Falorni - Citi Bill Chappell - Truist Securities Olivia Tong - Raymond James Javier Escalante - Evercore Korinne Wolfmeyer - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Church & Dwight's Third Quarter 2024 Earnings Conference Call. Before we begin, I've been asked to remind you that on this call, the company's management may make forward-looking statements regarding, among other things, the company's financial objectives and forecasts.
While the top- and bottom-line numbers for Church & Dwight (CHD) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Church & Dwight (CHD) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.74 per share a year ago.
CHD's robust brand equity, commitment to innovation and new products set it up for a decent Q3 sales result despite a challenging consumer spending landscape.
Evaluate the expected performance of Church & Dwight (CHD) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Church & Dwight (CHD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Church & Dwight has been dealing with the impacts of volatile consumer spending in the current environment and rising marketing expenditure.
Pricing strategies, innovation, digital transformation, and brand building are essential for success in the soap and cleaning materials industry amid rising costs. Companies like UL, PG, CL, HENKY, and CHD are well-positioned to succeed through these initiatives.
CHD is battling rising marketing costs and fluctuating consumer spending, while a solid brand image, innovative products and strategic expansions bode well.
Church & Dwight's strong brand portfolio, pricing strategies and robust online sales aid amid high costs and volatile consumer behavior.