Church & Dwight Analysts Slash Their Forecasts After Q2 Earnings
Church & Dwight Company, Inc. (NYSE:CHD), on Friday, reported better-than-expected second-quarter results.The company posted adjusted earnings per share of 94 cents. The household products maker beat the analyst consensus estimate of 85 cents. Quarterly sales of $1.51 billion outpaced the Street view of $1.48 billion.Church & Dwight reaffirmed its FY25 adjusted earnings per share guidance at $3.44–$3.51, aligning with consensus estimates of approximately $3.48.For the third quarter, the firm expects reported and organic sales growth of approximately 1%-2%, adjusted gross margin contraction of approximately 100 basis points, primarily from inflation and tariff costs, the lower margins of the exited businesses and increased investments in marketing. ...Full story available on Benzinga.com
