earnings
confidence high
sentiment neutral
materiality 0.70
Church & Dwight Q2 net sales +6.4% to $1.27B; adj. EPS $0.76 beats outlook; full-year outlook trimmed
CHURCH & DWIGHT CO INC /DE/
2021-Q2 EPS reported
$1.76
revenue$2,510,000,000
- Q2 net sales $1,271.1M (+6.4% YoY); organic sales +4.5% driven by volume, above 4% outlook.
- GAAP EPS $0.87 (+16%); adjusted EPS $0.76 (down 1.3% YoY) vs. outlook of $0.69.
- Gross margin fell 340 bps to 43.4% on higher commodity, distribution, and tariff costs.
- Full-year outlook: organic sales ~4%, adjusted EPS at lower end of 6-8% range; $125M incremental input costs.
- Additional pricing actions covering ~50% of global portfolio; Q3 adj. EPS expected $0.70, flat YoY.