Church Dwight Stock Falls On Q2 Top-Line Miss, Dismal Outlook
Church Dwight Co Inc (NYSE: CHD ) reported second-quarter FY22 sales growth of 4.2% year-on-year to $1.33 billion, missing the consensus of $1.34 billion. Organic sales grew 3.4%, driven by positive pricing of 6.3% but offset by a volume decline of 2.9%. Net sales from Consumer Domestic rose 4.7% Y|Y, Consumer International grew 1.6%, and Specialty Products jumped 6.3%. The gross margin compressed 220 … Full story available on Benzinga.com
Church Dwight Stock Falls On Q2 Top-Line Miss, Dismal Outlook
Church Dwight Co Inc (NYSE: CHD ) reported second-quarter FY22 sales growth of 4.2% year-on-year to $1.33 billion, missing the consensus of $1.34 billion. Organic sales grew 3.4%, driven by positive pricing of 6.3% but offset by a volume decline of 2.9%. Net sales from Consumer Domestic rose 4.7% Y|Y, Consumer International grew 1.6%, and Specialty Products jumped 6.3%. The gross margin compressed 220 … Full story available on Benzinga.com