Church & Dwight Earned 64 Cents per Share

On Friday, Church & Dwight (CHD) reported Q4 earnings of 64 cents per share. That’s up 20.8% from a year ago. Wall Street had been expecting earnings of 60 cents per share.

For the year, the company made $3.02 per share. That’s up 6.7% from a year ago.

CEO Matthew Farrell said:

Our brands once again experienced strong consumption in Q4 2021. In the U.S. we grew consumption in 11 of the 16 categories in which we compete. Five of our brands experienced double digit consumption growth including ARM & HAMMER® Scent Boosters, ARM & HAMMER® Clumping Litter, OXICLEAN® stain fighters, BATISTE® dry shampoo and ZICAM® zinc supplements. Consumption continues to outpace shipments as supply chain disruptions continue. This strong consumption would likely have been higher if not for the ongoing supply chain challenges. This demonstrates the strength of our brands as we gained share on 6 of the 13 power brands in a difficult supply environment. Global online sales grew 12.7% in 2021, and as a percentage of total sales has expanded to 15% for the full year.

The market liked the report as shares of CHD rallied 4.40% to close at $103.

Posted by on January 28th, 2022 at 7:18 pm


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