Church & Dwight Reported Q4 Beat, Strong 2022 Guidance
<p><a href='https://financialmodelingprep.com/financial-summary/CHD'>Church & Dwight Co., Inc. (NYSE:CHD) </a>reported better-than-expected Q4 results and assertive 2022 guidance, opposed to the negative going-in investor positioning. This resulted in share price gains on Friday. </p>
<p>The company delivered strong organic growth (despite supply challenges), a rare gross margin beat, sizable A&P investment (when others are pulling back), and a full set of innovations for the coming year. </p>
<p>According to the analysts at Deutsche Bank, the company is poised to benefit from competitors pushing through pricing in key categories in 2022, and should be well-positioned to benefit from potential trade down (e.g., in the laundry) should consumers seek more value-oriented products in the wake of increasingly widespread inflation. </p>
<p>Furthermore, the analysts believe that headwinds from a stronger USD are less burdensome for the company (as a largely domestic company) than many peers, and the company maintains financial flexibility for additional M&A, should opportunities present themselves.</p>

NYSE:CHD