Church & Dwight Co., Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 02, 2024 at 06:55 am
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Church & Dwight Co., Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,528 million compared to USD 1,436 million a year ago. Net income was USD 153.7 million compared to net loss of USD 164.7 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to basic loss per share from continuing operations of USD 0.68 a year ago. Diluted earnings per share from continuing operations was USD 0.62.
For the full year, sales was USD 5,867.9 million compared to USD 5,375.6 million a year ago. Net income was USD 755.6 million compared to USD 413.9 million a year ago. Basic earnings per share from continuing operations was USD 3.09 compared to USD 1.7 a year ago. Diluted earnings per share from continuing operations was USD 3.05 compared to USD 1.68 a year ago.
Church & Dwight Co., Inc. specializes in the manufacturing and marketing of consumer products. Net sales break down by family of products as follows:
- cleaning, hygiene and personal care products (94.5%); detergents, stain removers, deodorants, shampoos, depilatory creams, pregnancy tests, toothbrushes, condoms, lubricants, baking soda, etc. sold under ARM & Hammer, Batiste, First Response, L'Il Critters, Trojan, Nair, Orajel, Oxiclean, Spinbrush, Vitafusion and Xtra;
- specialty products (5.5%): food additives, nutritional supplements, prebiotics and probiotics for animals, baking soda intended for the industrial sector, special cleaning products intended for the maintenance of offices, restaurants and hotels.
The United States account for 83% of net sales.
CHURCH & DWIGHT CO., INC. 
