Company News, Financial News

Church & Dwight Posts Gains in Q3

After 13.9% rise in quarterly sales, maker of Arm & Hammer predicts 2020 will be a banner year.

Church & Dwight Co., Inc. said third quarter net sales grew 13.9% to $1.24 billion as it continued to experience a significant increase in consumer demand for many of its products, primarily in response to the COVID-19 pandemic. Organic sales grew 9.9% driven by a volume increase of 10.2%, partially offset by 0.3% from unfavorable product mix and pricing in support of new products. Volume growth was driven by higher consumption and restocking of retailer inventories.   “Q3 was an extraord...

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