CHURCH & DWIGHT CO INC /DE/ Files 10-Q for Period Ending 2024-03-31
Ticker: CHD · Form: 10-Q · Filed: May 2, 2024 · CIK: 313927
Sentiment: neutral
Topics: 10-Q, Church & Dwight, Financial Report, Consumer Goods, SEC Filing
TL;DR
<b>CHURCH & DWIGHT CO INC /DE/ filed its Q1 2024 10-Q report on May 2, 2024, detailing financial performance and business segments.</b>
AI Summary
CHURCH & DWIGHT CO INC /DE/ (CHD) filed a Quarterly Report (10-Q) with the SEC on May 2, 2024. The filing is a 10-Q for CHURCH & DWIGHT CO INC /DE/ for the period ending March 31, 2024. The company's Standard Industrial Classification is SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]. Key dates include 2024-03-31 for the reporting period and 2024-05-02 as the filing date. The filing references various financial instruments and segments, including 'ThreePointNineFivePercentSeniorNotesDueAugustOneTwoThousandAndFortySevenMember' and 'ConsumerDomesticMember'. The company's business address is 500 CHARLES EWING BOULEVARD, EWING, NJ 08628, with a phone number of 609-806-1200.
Why It Matters
For investors and stakeholders tracking CHURCH & DWIGHT CO INC /DE/, this filing contains several important signals. This 10-Q filing provides a quarterly update on the financial health and operational status of Church & Dwight Co., Inc., crucial for investors to assess recent performance and future outlook. The detailed financial disclosures, including segment information and debt instruments, allow stakeholders to understand the company's revenue streams, cost management, and capital structure.
Risk Assessment
Risk Level: medium — CHURCH & DWIGHT CO INC /DE/ shows moderate risk based on this filing. The filing is a standard 10-Q, indicating regular disclosure requirements for a public company. Specific financial details and risk factors within the report will determine the precise risk level.
Analyst Insight
Review the detailed financial statements and segment performance within the 10-Q to understand revenue drivers and profitability trends for Q1 2024.
Key Numbers
- 2024-03-31 — Reporting Period End Date (CONFORMED PERIOD OF REPORT)
- 2024-05-02 — Filing Date (FILED AS OF DATE)
- 001-10585 — SEC File Number (SEC FILE NUMBER)
- 24907086 — Film Number (FILM NUMBER)
Key Players & Entities
- CHURCH & DWIGHT CO INC /DE/ (company) — FILER
- 0000313927 (company) — CENTRAL INDEX KEY
- 2840 (category) — STANDARD INDUSTRIAL CLASSIFICATION
- DE (jurisdiction) — STATE OF INCORPORATION
- EWING (location) — CITY
- NJ (location) — STATE
- 08628 (postal_code) — ZIP
- 609-806-1200 (phone_number) — BUSINESS PHONE
FAQ
When did CHURCH & DWIGHT CO INC /DE/ file this 10-Q?
CHURCH & DWIGHT CO INC /DE/ filed this Quarterly Report (10-Q) with the SEC on May 2, 2024.
What is a 10-Q filing?
A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by CHURCH & DWIGHT CO INC /DE/ (CHD).
Where can I read the original 10-Q 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-Q?
CHURCH & DWIGHT CO INC /DE/ filed this 10-Q on May 2, 2024. Key takeaways: The filing is a 10-Q for CHURCH & DWIGHT CO INC /DE/ for the period ending March 31, 2024.. The company's Standard Industrial Classification is SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840].. Key dates include 2024-03-31 for the reporting period and 2024-05-02 as the filing date..
Is CHURCH & DWIGHT CO INC /DE/ a risky investment based on this filing?
Based on this 10-Q, CHURCH & DWIGHT CO INC /DE/ presents a moderate-risk profile. The filing is a standard 10-Q, indicating regular disclosure requirements for a public company. Specific financial details and risk factors within the report will determine the precise risk level.
What should investors do after reading CHURCH & DWIGHT CO INC /DE/'s 10-Q?
Review the detailed financial statements and segment performance within the 10-Q to understand revenue drivers and profitability trends for Q1 2024. The overall sentiment from this filing is neutral.
Key Dates
- 2024-03-31: Quarterly Period End — End of the reporting period for the 10-Q filing.
- 2024-05-02: Filing Date — Date the 10-Q was officially filed with the SEC.
Filing Stats: 4,477 words · 18 min read · ~15 pages · Grade level 6.9 · Accepted 2024-05-02 13:52:56
Key Financial Figures
- $1 — e on which registered Common Stock, $1 par value CHD New York Stock Exchan
Filing Documents
- chd-20240331.htm (10-Q) — 1740KB
- chd-ex10_1.htm (EX-10.1) — 162KB
- chd-ex10_2.htm (EX-10.2) — 159KB
- chd-ex10_3.htm (EX-10.3) — 173KB
- chd-ex31_1.htm (EX-31.1) — 17KB
- chd-ex31_2.htm (EX-31.2) — 17KB
- chd-ex32_1.htm (EX-32.1) — 13KB
- chd-ex32_2.htm (EX-32.2) — 13KB
- img12505615_0.jpg (GRAPHIC) — 5KB
- 0000950170-24-051879.txt ( ) — 9391KB
- chd-20240331.xsd (EX-101.SCH) — 1242KB
- chd-20240331_htm.xml (XML) — 1777KB
Financial Statements
Financial Statements 3 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 21 3.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 28 4.
Controls and Procedures
Controls and Procedures 28 PART II 1.
Legal Proceedings
Legal Proceedings 30 1A.
Risk Factors
Risk Factors 30 2. Unregistered Sales of Equity Securities and Use of Proceeds 30 5. Other Information 30 6. Exhibits 31 2
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION
: FINANCIAL STATEMENTS
ITEM 1: FINANCIAL STATEMENTS CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In millions, except per share data) Three Months Ended March 31, March 31, 2024 2023 Net Sales $ 1,503.3 $ 1,429.8 Cost of sales 816.3 807.8 Gross Profit 687.0 622.0 Marketing expenses 152.0 122.3 Selling, general and administrative expenses 230.0 207.8 Income from Operations 305.0 291.9 Equity in earnings of affiliates 1.1 4.4 Other income (expense), net 3.0 1.3 Interest expense ( 25.0 ) ( 28.8 ) Income before Income Taxes 284.1 268.8 Income taxes 56.4 65.6 Net Income $ 227.7 $ 203.2 Weighted average shares outstanding - Basic 243.4 243.8 Weighted average shares outstanding - Diluted 246.1 246.8 Net income per share - Basic $ 0.94 $ 0.83 Net income per share - Diluted $ 0.93 $ 0.82 Cash dividends per share $ 0.28 $ 0.27 CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (In millions) Three Months Ended March 31, March 31, 2024 2023 Net Income $ 227.7 $ 203.2 Other comprehensive income, net of tax: Foreign exchange translation adjustments ( 3.5 ) 2.4 Defined benefit plan adjustments gain (loss) ( 0.2 ) 1.5 Income (loss) from derivative agreements 1.6 ( 0.8 ) Other comprehensive income (loss) ( 2.1 ) 3.1 Comprehensive income $ 225.6 $ 206.3 See Notes to Condensed Consolidated Financial Statements (Unaudited). 3 CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except share and per share data) March 31, December 31, 2024 2023 Assets Current Assets Cash and cash equivalents $ 349.7 $ 344.5 Accounts receivable, less allowances of $ 8.5 and $ 7.3 545.4 526.9 Inventories 595.4 613.3 Other current assets 43.8 4