Church & Dwight Surpasses Q3 Expectations: Strong Sales Growth And Brand Investments Fuel Gains
Portfolio Pulse from Nabaparna Bhattacharya
Church & Dwight Co (NYSE:CHD) reported strong Q3 results, surpassing expectations with an EPS of 79 cents and revenues of $1.51 billion. The company saw a 3.8% increase in net sales, driven by domestic and international growth. CHD shares rose by 5.59% following the news.
November 01, 2024 | 2:03 pm
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Church & Dwight Co reported better-than-expected Q3 earnings, with an EPS of 79 cents and revenues of $1.51 billion, leading to a 5.59% increase in share price. The company saw strong sales growth and improved margins.
The company's strong Q3 performance, with EPS and revenue surpassing expectations, has positively impacted its stock price. The growth in sales and improved margins indicate a healthy financial position, contributing to investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100