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Church & Dwight Analysts Slash Their Forecasts After Q2 Results
Church & Dwight Co., Inc. (NYSE:CHD) reported upbeat second-quarter adjusted EPS results on Friday.
Church & Dwight reported quarterly earnings of 93 cents per share which beat the analyst consensus estimate of 84 cents per share. The company reported quarterly sales of $1.511 billion which met the analyst consensus estimate, according to data from Benzinga Pro.
Matthew Farrell, Chief Executive Officer, commented, “We are really pleased with another strong quarter. The Company is performing well with all three divisions delivering organic growth. Our outstanding Q2 results reflect the strength of our brands, the early success of our new products, and our perennial focus on execution. Volume was the primary driver of organic growth, and we expect volume growth to continue for the rest of the year. Marketing ...