Church & Dwight (CHD) Tops Q4 EPS by 1c
Church & Dwight (NYSE: CHD) reported Q4 EPS of $0.82, $0.01 better than the analyst estimate of $0.81. Revenue for the quarter came in at $873.6 million versus the consensus estimate of $863.5 million.
Matthew Farrell, Chief Executive Officer, commented, “We are very pleased with the superior business results we delivered in 2015. We delivered top tier results within the consumer packaged goods industry including full year organic sales of 3.6%, expanded gross margin by 40 basis points and delivered adjusted earnings growth of 8.0%. We increased our marketing spend in 2015 in support of our brands. For the full year, three out of four mega brands and seven out of 10 power brands grew share including ARM & HAMMER, our biggest power brand, and including BATISTE, our newest power brand. Finally, we exited the year with strong momentum.”
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