CHD shares plunged, -9% today. Here's what's moving the stock:

Shares of Church & Dwight Company (CHD) are trading -9% lower at a price of $87.87 at the time of this writing.

Dismal Outlook : Church & Dwight Co Inc (NYSE: CHD ) reported second-quarter FY22 sales growth of 4.2% year-on-year to $1.33 billion, missing the consensus of $1.34 billion. Organic sales grew 3.4%, driven by positive pricing of 6.3% but offset by a volume decline of 2.9%. Net sales from Consumer Domestic rose 4.7% Y/Y, Consumer International grew 1.6%, and Specialty Products jumped 6 .3%. The gross margin compressed 220 bps to 41 .8%.
CHD's EPS was also lower than expected at $0.76 per share
In addition to weaker top line growth, management outlined disappointing outlook for FY23 which sees organic sales growth slow down below

Church & Dwight Company has been trading between a 52-week high of $105 and a 52-week low of $80.1. The stock has a market cap of $21.3 Billion.

Church & Dwight Co., Inc. founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. The Company manufactures and markets a wide range of personal care, household, and specialty products under recognized brand names such as ARM & HAMMER®, TROJAN®, OXICLEAN®, SPINBRUSH®, FIRST RESPONSE®, NAIR®, ORAJEL®, XTRA®, L'IL CRITTERS® and VITAFUSION®, BATISTE®, WATERPIK®, FLAWLESS®, and ZICAM®.

Headlines

Church & Dwight shares drop as sales, guidance disappoint
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Church & Dwight Co: Q2 Earnings Insights
Benzinga 07-29-22

Church & Dwight Co Inc. Q2 Profit Decreases, but beats estimates
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Church & Dwight Non-GAAP EPS of $0.76 beats by $0.04, revenue of $1.33B misses by $10M (NYSE:CHD)
Seeking Alpha 07-29-22

Church & Dwight Reports Q2 2022 Results
Business Wire 07-29-22

CHD shares plunged, -9% today. Here's what's moving the stock:

Headlines

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