Company News, Financial News

Church & Dwight: Q1 2024 Results

Growth in consumer domestic net sales was led by Therabreath mouthwash, Hero acne products, XTRA Liquid Detergent, and Batiste dry shampoo.

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By: Lianna Albrizio

Associate Editor

Church & Dwight Co., Inc. exceeded its outlook with stronger than expected sales growth and gross margin expansion, officials said.   In the first quarter, net sales grew 5.1% to $1.5 billion, gross margin expanded by 220 basis points, and reported EPS grew 13.4%. The company said it continues to drive strong consumer demand across its portfolio. Organic sales grew 5.2% driven by volume of 3.7% and positive product mix and pricing of 1.5%.    “The Company is performing extre...

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