Company News, Financial News

Church & Dwight Co. Announces ‘Stronger Than Expected’ Sales Growth in Q3 2023

Net sales grew 10.5% to $1.4 billion and gross margin expanded by 270 basis points.

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By: Lianna Albrizio

Associate Editor

Church & Dwight Co., Inc. reported “stronger than expected” sales growth and gross margin expansion in the third quarter 2023.   Net sales grew 10.5% to $1.4 billion and gross margin expanded by 270 basis points. The company continues to experience strong consumer demand across its portfolio. Organic sales grew 4.8% driven by volume of 2.7% and positive product mix and pricing of 2.1%.   “Our Q3 results reflect the strength of our brands and our continued focus on execution,...

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