Church & Dwight first-quarter net income falls on higher costs
Updated
Updated · The Wall Street Journal · May 1
Church & Dwight first-quarter net income falls on higher costs
10 articles · Updated · The Wall Street Journal · May 1
Profit slipped to $216.3 million, or 91 cents a share, from $220.1 million, while sales rose 0.2% to $1.47 billion and beat guidance.
Adjusted earnings matched analyst estimates at 95 cents a share, and organic sales increased 5%, above the company's 3% forecast, with gains across domestic, international and specialty segments.
The company cited higher marketing spending and amortization from its $880 million Touchland acquisition, and still expects full-year net sales to decline 0.5% to 1.5% while organic sales grow 3% to 4%.
With Church & Dwight’s sales up but profit down, can their AI-driven strategy and blockbuster acquisitions truly secure long-term growth in a shifting CPG market?
As Church & Dwight exits legacy brands and bets big on Touchland and AI, what risks could threaten their ambitious growth targets for 2026 and beyond?