Key Developments: Church & Dwight Co Inc (CHD)
62.00USD
22 May 2013
$-0.79 (-1.26%)
$62.79
$62.78
$63.27
$61.99
622,123
604,557
$65.10
$49.59
Latest Key Developments (Source: Significant Developments)
Church & Dwight Co Inc Declares Regular Quarterly Dividend
Church & Dwight Co Inc announced that Board of Directors declared a regular quarterly dividend of $0.28 per share. This quarterly dividend will be payable June 3, 2013 to stockholders of record at the close of business on May 13, 2013. Full Article
Church & Dwight Co Inc Reaffirms FY 2013 Guidance; Comments On Q2 2013 Revenue Guidance; Issues Q2 2013 EPS Guidance Below Analysts' Estimates
Church & Dwight Co Inc announced that for fiscal 2013, it expects organic net sales growth to be in the 3% to 4% range and earnings per share (EPS) of $2.79. For second quarter of 2013, it expects organic sales growth of approximately 3% to 4% and EPS of approximately $0.58, compared to last year's second quarter reported EPS of $0.56. The Company reported revenues of $2.921 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $3.250 billion for fiscal 2013; revenue of $793.29 million, EPS of $0.64 for the second quarter of 2013. Full Article
Church & Dwight Co Inc Issues FY 2013 Revenue Guidance Below Analysts' Estimates; Sees FY 2013 EPS Guidance At High End Of Prior Range; Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates
Church & Dwight Co Inc announced that for fiscal 2013, it expects organic sales growth of 3%-4%. As previously communicated, it anticipates fiscal 2013 will be a much stronger year for reported sales growth due to the faster growing Avid business and effectively a neutral year for gross margin as the margin improvement for the base business will be offset by the lower margin Avid business. As a result of these factors, the Company is forecasting earnings per share to be $2.79, which is the upper end of previously communicated range of $2.74 to $2.79. The Company expects first quarter 2013 EPS to increase approximately 8% compared to the prior year. The Company reported revenues of $2.921 billion in fiscal 2012 and EPS of $0.66 in the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $3.23 billion and EPS of $2.79 for fiscal 2013; EPS of $0.73 for the first quarter of 2013. Full Article
Church & Dwight Co Inc Raises FY 2012, 2013 EPS Guidance; Issues Q4 2012 EPS Guidance Below Analysts' Estimates
Church & Dwight Co Inc announced that as a result of strong third quarter performance, it expects fiscal 2012 earnings per share (EPS) including Avid to be $2.43, compared to previous guidance of $2.39 to $2.41. With regard to the fourth quarter of 2012, it expects EPS of approximately $0.55 reflecting increased marketing spend in the fourth quarter. The current outlook does not include any potential EPS impact as a result of Hurricane Sandy. The Company expects EPS in fiscal 2013 to be in the range of $2.74 to $2.79, an increase of approximately 13%-15%, driven by 9% to 10% earnings growth from existing business and accretion from the Avid acquisition. Prior fiscal 2013 guidance was $2.73 to $2.78. The Company expects to deliver the 13%-15% EPS growth while increasing the marketing investment behind the newly-acquired gummy vitamin products and 8 Power Brands. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.41 for fiscal 2012; EPS of $0.61 for the fourth quarter of 2012; EPS of $2.77 for fiscal 2013. Full Article
Church & Dwight Co Inc Declares Quarterly Dividend
Church & Dwight Co Inc announced that Board of Directors declared a regular quarterly dividend of twenty four cents ($0.24) per share. This quarterly dividend will be payable December 3, 2012 to stockholders of record at the close of business on November 12, 2012. It is the Company's 447th regular consecutive quarterly dividend. Full Article
Church & Dwight Co Inc Completes Purchase of Avid Health, Inc.
Church & Dwight Co Inc announced that it has completed its previously announced acquisition of Avid Health, Inc. (Avid), is in gummy form vitamins and supplements. The transaction was completed substantially under the original terms announced on August 20, 2012, which called for Church & Dwight to pay $650 million in cash at closing. The purchase price was financed with $400 million in aggregate Senior Notes (2.875%) due 2022, commercial paper and cash. Full Article
Church & Dwight Co Inc Comments On FY 2013 Revenue Guidance; Issues FY 2013 EPS Guidance Above Analysts' Estimates-Conference Call
Church & Dwight Co Inc announced that for fiscal 2013, it expects to deliver 3% to 4% organic revenue growth and EPS in the range of $2.73 to $2.78. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $3.059 billion and EPS of $2.69 for fiscal 2013. Full Article
Church & Dwight Co Inc to Acquire Avid Health, Inc. for $650 Million
Church & Dwight Co Inc announced that it has signed a definitive agreement to acquire Avid Health, Inc. (Avid), is in gummy form vitamins and supplements, for $650 million in cash. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close early in the fourth quarter. The acquisition is structured as a stock purchase that the Company expects to finance with a combination of debt and cash. Full Article
Church & Dwight Co Inc Reaffirms FY 2012 Guidance; Comments On H2 2012 Revenue Guidance
Church & Dwight Co Inc announced that it continue to expect organic net sales growth to be at the high end of its 3%-4% annual target due to its strong first half results of 6% and its new product launches in 2012. Organic net sales growth over comparable periods in fiscal 2011 is anticipated to be lower in the second half of 2012 because of significantly higher organic net sales growth rates in the second half of 2011. The Company continue to expect diluted earnings per share (EPS) for fiscal 2012 to be in the range of $2.41 to $2.43. The Company reported revenue of $2.749 billion in fiscal 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.858 billion and EPS of $2.43 for fiscal 2012. Full Article
Church & Dwight Co Inc Declares Regular Quarterly Dividend
Church & Dwight Co Inc announced that the board of directors have declared a regular quarterly dividend of $0.24 per share. This quarterly dividend will be payable September 4, 2012 to stockholders of record at the close of business on August 13, 2012. Full Article
Shock step by traditional pope in line with Church law
PARIS - Pope Benedict would not be the meticulous theologian he has always been if he didn't make sure even his shocking resignation - the first by a pontiff in over 700 years - was fully in line with Roman Catholic doctrine.
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