secwatch.observer — SEC 8-K summary
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Issuer:     CHURCH & DWIGHT CO INC /DE/ (CHD)
CIK:        0000313927
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001564590-21-052813
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Church & Dwight Q3 adj EPS $0.80 beats $0.70 outlook; announces $1B buyback, pricing on 80% of portfolio
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- Q3 net sales $1,311.4M (+5.7% YoY); organic sales +3.7% vs 1.5% outlook; adjusted EPS $0.80 vs $0.70 outlook.
- FY 2021 guidance: reported sales growth ~5.5%, organic ~4%, adjusted EPS growth +6% on top of 15% in 2020.
- Board authorized $1B stock repurchase program; prior program terminated; ~250M shares outstanding.
- Input cost inflation estimate raised to $170M (from $125M); gross margin expected to decline 170 bps (previously 75 bps).
- Pricing actions cover 50% of portfolio effective July/Oct 2021, additional 30% in Q1 2022; Q4 adj EPS forecast $0.61 (+15% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313927/000156459021052813/0001564590-21-052813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313927/000156459021052813/chd-8k_20211029.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-052813

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