Church & Dwight (CHD) Tops Q2 EPS by 14c
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Church & Dwight Reports Q2 Results
July 31, 2020 6:55 AM EDT2020 Second Quarter Results
Sales growth +10.6%: Dom. +13.6%; Intl +0.5%; SPD +3.0% Organic sales +8.4%: Dom. +10.7%; Intl +0.6%; SPD +3.0% Gross Margin +220 bps. to 46.8% EPS +36.4%; Adjusted EPS +35.1% YTD Cash from Operations +70%; Ex tax deferral +47%2020 Full Year Outlook Raised from Original Outlook
Reported Sales growth raised to 9-10% (initially 6.5%) Organic Sales growth raised to 7-8% (initially 3.5%) Adjusted EPS growth raised to 13% (initially 7 to 9%)1 Cash from Operations raised to $960MM (initially $890MM)EWING, N.J.--(BUSINESS WIRE)-- Church & Dwight Co., Inc.... More
