Church & Dwight Co., Inc. Files 2023 Annual Report on Form 10-K
Ticker: CHD · Form: 10-K · Filed: Feb 15, 2024 · CIK: 313927
Sentiment: neutral
Topics: 10-K, Annual Report, Church & Dwight, CHD, Financials
TL;DR
<b>Church & Dwight Co., Inc. filed its 2023 10-K report on February 15, 2024.</b>
AI Summary
CHURCH & DWIGHT CO INC /DE/ (CHD) filed a Annual Report (10-K) with the SEC on February 15, 2024. Filed Form 10-K for the fiscal year ended December 31, 2023. Company is Church & Dwight Co., Inc. /DE/ with Central Index Key 0000313927. Standard Industrial Classification is SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]. Business address: 500 Charles Ewing Boulevard, Ewing, NJ 08628. Filing date: February 15, 2024.
Why It Matters
For investors and stakeholders tracking CHURCH & DWIGHT CO INC /DE/, this filing contains several important signals. This filing provides a comprehensive overview of the company's financial performance and operations for the fiscal year 2023. Investors and analysts can use this report to assess the company's financial health, strategic initiatives, and potential risks.
Risk Assessment
Risk Level: medium — CHURCH & DWIGHT CO INC /DE/ shows moderate risk based on this filing. The filing is a standard 10-K, which is routine for public companies. However, the sheer volume of data and the complexity of financial reporting introduce inherent risks in interpretation.
Analyst Insight
Review the detailed financial statements and risk factors within the 10-K to understand Church & Dwight's performance and outlook for the upcoming fiscal year.
Key Numbers
- 20231231 — Fiscal Year End (Period of report)
- 20240215 — Filing Date (Date filed)
- 110 — Document Count (Total documents in submission)
Key Players & Entities
- CHURCH & DWIGHT CO INC /DE/ (company) — Filer name
- 0000313927 (company) — Central Index Key
- 2840 (company) — Standard Industrial Classification
- 500 CHARLES EWING BOULEVARD (company) — Business address street
- EWING (company) — Business address city
- NJ (company) — Business address state
- 08628 (company) — Business address zip
- 609-806-1200 (company) — Business phone
FAQ
When did CHURCH & DWIGHT CO INC /DE/ file this 10-K?
CHURCH & DWIGHT CO INC /DE/ filed this Annual Report (10-K) with the SEC on February 15, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by CHURCH & DWIGHT CO INC /DE/ (CHD).
Where can I read the original 10-K filing from CHURCH & DWIGHT CO INC /DE/?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CHURCH & DWIGHT CO INC /DE/.
What are the key takeaways from CHURCH & DWIGHT CO INC /DE/'s 10-K?
CHURCH & DWIGHT CO INC /DE/ filed this 10-K on February 15, 2024. Key takeaways: Filed Form 10-K for the fiscal year ended December 31, 2023.. Company is Church & Dwight Co., Inc. /DE/ with Central Index Key 0000313927.. Standard Industrial Classification is SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]..
Is CHURCH & DWIGHT CO INC /DE/ a risky investment based on this filing?
Based on this 10-K, CHURCH & DWIGHT CO INC /DE/ presents a moderate-risk profile. The filing is a standard 10-K, which is routine for public companies. However, the sheer volume of data and the complexity of financial reporting introduce inherent risks in interpretation.
What should investors do after reading CHURCH & DWIGHT CO INC /DE/'s 10-K?
Review the detailed financial statements and risk factors within the 10-K to understand Church & Dwight's performance and outlook for the upcoming fiscal year. The overall sentiment from this filing is neutral.
How does CHURCH & DWIGHT CO INC /DE/ compare to its industry peers?
Church & Dwight Co., Inc. operates in the Soap, Detergent, Cleaning Preparations, Perfumes, and Cosmetics industry.
Are there regulatory concerns for CHURCH & DWIGHT CO INC /DE/?
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose material information.
Industry Context
Church & Dwight Co., Inc. operates in the Soap, Detergent, Cleaning Preparations, Perfumes, and Cosmetics industry.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose material information.
What Investors Should Do
- Analyze the financial statements for revenue, net income, and other key performance indicators.
- Review the Management's Discussion and Analysis (MD&A) section for insights into business trends and strategies.
- Examine the risk factors section for potential challenges and uncertainties facing the company.
Key Dates
- 2023-12-31: Fiscal Year End — End of the reporting period for the 10-K.
- 2024-02-15: Filing Date — Date the 10-K was officially filed with the SEC.
Year-Over-Year Comparison
This is the initial filing of the 10-K for the fiscal year ended December 31, 2023. Previous filings would be for prior fiscal years.
Filing Stats: 4,375 words · 18 min read · ~15 pages · Grade level 15.9 · Accepted 2024-02-15 15:17:58
Key Financial Figures
- $1 — e on which registered Common Stock, $1 par value CHD New York Stock Exchan
Filing Documents
- chd-20231231.htm (10-K) — 3662KB
- chd-ex10_11.htm (EX-10.11) — 20KB
- chd-ex21.htm (EX-21) — 14KB
- chd-ex23.htm (EX-23) — 3KB
- chd-ex31_1.htm (EX-31.1) — 17KB
- chd-ex31_2.htm (EX-31.2) — 18KB
- chd-ex32_1.htm (EX-32.1) — 13KB
- chd-ex32_2.htm (EX-32.2) — 13KB
- chd-ex97_1.htm (EX-97.1) — 68KB
- img11610924_0.jpg (GRAPHIC) — 190KB
- 0000950170-24-015810.txt ( ) — 16777KB
- chd-20231231.xsd (EX-101.SCH) — 1945KB
- chd-20231231_htm.xml (XML) — 3665KB
Risk Factors
Risk Factors 15 1B. Unresolved Staff Comments 30 1C. Cybersecurity 30 2.
Properties
Properties 31 3.
Legal Proceedings
Legal Proceedings 31 4. Mine Safety Disclosures 31 PART II 5. Market for the Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities 32 6. RESERVED 34 7.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 35 7A.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 48 8.
Financial Statements and Supplementary Data
Financial Statements and Supplementary Data 49 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 84 9A.
Controls and Procedures
Controls and Procedures 84 9B. Other Information 84 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 84 PART III 10. Directors, Executive Officers and Corporate Governance 85 11.
Executive Compensation
Executive Compensation 85 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 85 13. Certain Relationships and Related Transactions, and Director Independence 85 14. Principal Accounting Fees and Services 85 PART IV 15. Exhibits, Financial Statement Schedule 86 16. Form 10-K Summary 90 3 P ART I IT EM 1. BUSINESS OVERVIEW OF BUSINESS We were founded in 1846 and incorporated in Delaware in 1925. We develop, manufacture and market a broad range of consumer household and personal care products and specialty products focused on animal and food production, chemicals and cleaners. Our well-recognized brands include ARM & HAMMER baking soda, cat litter, laundry detergent, carpet deodorizer and other baking soda-based products; OXICLEAN stain removers, cleaning solutions, laundry detergents and bleach alternatives; VITAFUSION and L'IL CRITTERS gummy dietary supplements for adults and children, respectively; BATISTE dry shampoo; WATERPIK water flossers and showerheads; THERABREATH oral care products; HERO acne treatment products; TROJAN condoms, lubricants and vibrators; SPINBRUSH battery-operated toothbrushes; FIRST RESPONSE home pregnancy and ovulation test kits; NAIR depilatories; ORAJEL oral analgesic; XTRA laundry detergent; and ZICAM cold shortening and relief products. Seven of those brands are designated as "power brands" because they compete in large categories, and we believe they have the potential for significant global expansion. Those seven brands are ARM & HAMMER; OXICLEAN; VITAFUSION and L'IL CRITTERS; BATISTE; WATERPIK; THERABREATH; and HERO and represent approximately 70% of our net sales and profits. We sell our consumer products under a variety of brands through a broad distribution platform that includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores and websites and other e-commerce ch