Previous close | 0.9500 |
Open | 0.6500 |
Bid | 0.6000 |
Ask | 0.7500 |
Strike | 125.00 |
Expiry date | 2024-10-18 |
Day's range | 0.6500 - 0.6500 |
Contract range | N/A |
Volume | |
Open interest | 5 |
Robust First Quarter Performance Drives Upward Revision in Full-Year Financial Outlook
Church & Dwight (CHD) delivered earnings and revenue surprises of 11.63% and 0.79%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
EWING, N.J., May 02, 2024--Church & Dwight Co., Inc. (NYSE: CHD) today announced the Company exceeded its outlook with stronger than expected sales growth and gross margin expansion. In the first quarter, net sales grew 5.1% to $1,503.3 million, gross margin expanded by 220 basis points, and reported EPS grew 13.4%. The Company continues to drive strong consumer demand across its portfolio. Organic sales grew 5.2% driven by volume of 3.7% and positive product mix and pricing of 1.5%.