Church & Dwight Q1 sales rise 5.1%, EPS $0.93; raises full-year adjusted EPS outlook
Church & Dwight reported first-quarter 2024 net sales of $1,503.3 million, up 5.1%, with reported EPS of $0.93 and adjusted EPS of $0.96, above its $0.85 adjusted outlook. The company raised its full-year 2024 adjusted EPS growth expectation to 8% to 9% and its cash flow outlook to approximately $1.05 billion, but guided second-quarter adjusted EPS of $0.83, down 9.8% from the prior year.
Key points
- Q1 2024 net sales rose 5.1% to $1,503.3 million; reported EPS was $0.93, up 13.4%, and adjusted EPS was $0.96, up 12.9%.
- Full-year 2024 adjusted EPS growth outlook raised to 8% to 9%, from 7% to 9% previously; gross margin expansion raised to approximately 75 basis points.
- Full-year cash flow from operations now expected at approximately $1.05 billion, up from $1.0 billion previously.
- Q2 2024 adjusted EPS expected at $0.83 versus $0.92 in Q2 2023, with a higher tax rate of 24%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.