Church & Dwight Co., Inc. (CHD), the notable maker of OxiClean, amongst other consumer products, recently reported their
Q3 2024 earnings. CHD demonstrated strong performance with
revenues surpassing expectations, although the earnings per share (EPS) fell short. The company highlighted
strong sales growth and successful investments into their various brands as significant contributors to their results. Despite the successful quarter, CHD announced their anticipated Q4 performance might be downbeat due to slowing demand. The company has had a
respectable return of 59% over the last five years. However, increasing challenges have emerged as customers are opting for cheaper options. The company announced a
CEO transition. Due to the robust consumer demand and established brand strength, some market experts consider CHD to be a
strong growth stock. Yet, others see uncertain times ahead for the company as it faces the daunting task of meeting its FY24 Guidance.
Institutional investors largely control the company, owning 88% of CHD. Additionally, there has been significant movement with notable firms either increasing or decreasing their stakes in CHD.
Church Dwight CHD News Analytics from Mon, 15 Apr 2024 07:00:00 GMT to Sat, 02 Nov 2024 18:44:12 GMT -
Rating 5
- Innovation -4
- Information 8
- Rumor -3
