Company Profile Growth Driven by 8 Power Brands

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COMPANY PROFILE Church & Dwight Co., Inc., founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda, a natural product that cleans, deodorizes, leavens and buffers. The Company’s ARM & HAMMER brand is one of the nation’s most trusted trademarks for a broad range of consumer and specialty products developed from the base of bicarbonate and related technologies. Church & Dwight’s consumer products business is organized into two segments: Consumer Domestic, which encompasses both household and personal care products, and Consumer International, which primarily consists of personal care products. The Company has eight key brands representing approximately 80% of its sales. These so-called “power brands” include ARM & HAMMER, TROJAN, OXICLEAN, SPINBRUSH, FIRST RESPONSE, NAIR, ORAJEL and XTRA. About 35% of the Company’s domestic consumer products are sold under the ARM & HAMMER brand name and derivative trademarks, such as ARM & HAMMER DENTAL CARE Toothpaste and ARM & HAMMER SUPER SCOOP Clumping Cat Litter. The remaining seven power brands have all been added to the Company’s portfolio since 2001 through several acquisitions. The most recent acquisitions include the acquisition of the net assets of Orange Glo International, Inc. in October 2006, which included OXI CLEAN, a premium-priced leader in the fast-growing laundry pre-wash additive category and the assets of Del Pharmaceuticals, Inc. in July, 2008, which included the ORAJEL analgesic brand. The combination of the core ARM & HAMMER brands and the other seven power brands make Church & Dwight one of the leading consumer packaged goods companies in the United States. Church & Dwight’s third business segment is Specialty Products. This business is a leader in specialty inorganic chemicals, animal nutrition, and specialty cleaners. GROWTH DRIVEN BY 8 POWER BRANDS ARM & HAMMER More aisles in the grocery store than any other brand ® Arm & Hammer brands are in 86% of households in America TROJAN ® #1 Condom Brand ® OXICLEAN #1 Laundry Additive Brand SPINBRUSH #1 Battery Powered Toothbrush Brand ® FIRST RESPONSE ® #1 Pregnancy Kit Brand NAIR #1 Depilatory Brand ORAJEL ® #1 Oral Care Pain Relief Brand XTRA ® Leading Deep Value Laundry Detergent Based on dollar share rankings from AC Nielsen FDM excluding Walmart for the 52 weeks ending 12/27/08 1.

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Church & Dwight Annual Report 2020
Church & Dwight Annual Report 2020 Form 10-K (NYSE:CHD) Published: February 18th, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10585 CHURCH & DWIGHT CO., INC. (Exact name of registrant as specified in its charter) Delaware 13-4996950 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 500 Charles Ewing Boulevard, Ewing, NJ 08628 (Address of principal executive offices) Registrant’s telephone number, including area code: (609) 806-1200 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Name of each exchange Symbol(s) on which registered Common Stock, $1 par value CHD New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
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Church & Dwight Co., Inc. 2001 Annual Report
CHURCH & DWIGHT CO.,INC. 469 NORTH HARRISON STREET CHURCH & DWIGHT CO., INC. 2001 ANNUAL REPORT PRINCETON,NJ 08543-5297 ® On the Internet: www.churchdwight.com ® CHURCH & DWIGHT CO. ,INC.2001 Annual Report CD_406 ARx_IFC.AA2.CDP 4/5/02 10:50 AM Page 1 COMPANY PROFILE CHURCH &DWIGHT 2001 PAGE 1 Church & Dwight Co., Inc., founded in 1846, is the world’s leading producer of sodium bicarbonate, popularly known as baking soda, a natural product which cleans, deodorizes, leavens and buffers. The Company’s ARM & HAMMER brand is one of the nation’s most trusted trademarks for a broad range of consumer and specialty products developed from the base of bicarbonate and related technologies. Church & Dwight Consumer Products now encompass four categories: Laundry, Deodorizing and Household Cleaning, Personal Care and International. Over half of the domestic products are sold under the ARM & HAMMER brand name and derivative trademarks, including ARM & HAMMER DENTAL CARE Toothpaste, ARM & HAMMER FABRICARE Powder Laundry Detergent and ARM & HAMMER SUPER SCOOP Clumping Cat Litter. New in 2001 were the laundry brands XTRA and NICE’N FLUFFY, part of the acquisition of USA Detergents, Inc. in the second quarter. In the third quarter 2001, Church & Dwight acquired the consumer products business of Carter-Wallace, Inc., purchasing outright the ARRID Anti-Perspirant and the LAMBERT KAY Pet Care businesses. Armkel, LLC, Church & Dwight’s 50/50 joint venture with the private equity group Kelso & Company, acquired the remainder of the Carter-Wallace consumer products businesses, including such brands as TROJAN Condoms, NAIR Depilatories and FIRST RESPONSE Home Pregnancy and Ovulation Test Kits.
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Church & Dwight Co., Inc
cd_2004_an_pdf_cov.qxd 5/3/05 5:16 PM Page 1 2004 CHURCH & DWIGHT CO., INC. ® Annual Report cd_2004_an_pdf_cov.qxd 5/3/05 5:16 PM Page 2 Financial Highlights Dollars in millions, except per share data 2004 2003 CHANGE SALES $1,462 $1,057 +38% INCOME FROM OPERATIONS 172 112 +54% NET INCOME 89 81 +10% NET INCOME PER SHARE - DILUTED 1.36 1.28 +6% DIVIDENDS PER SHARE 0.23 0.21 +10% Additional Information COMBINED SALES (1) (2) $1,702 $1,508 +13% ADJUSTED NET INCOME PER SHARE - DILUTED(1) (3) 1.66 1.33 +25% (1) These are non-GAAP (Generally Accepted Accounting Principles) measures of performance. See notes 2 and 3 for the reconciliations of the non-GAAP numbers to the most directly comparable GAAP financial measure. (2) Includes Armkel sales of $193 million and $411 million for 2004 and 2003, respectively, and Other Equity Affiliates sales of $56 million and $49 million for 2004 and 2003, respectively. Excludes intercompany sales of $9 million for both 2004 and 2003. Management believes this information is useful to investors because the businesses of the Company and its unconsolidated equity investees are managed on a combined basis, and management uses combined performance measures to analyze performance and develop financial objectives. Moreover, since the results of operations of the former Armkel business have been included in Church & Dwight's consolidated statement of income beginning on May 29, 2004, the information enhances comparability over the relevant period. (3) Excludes, in 2004, an accounting charge of $0.10 per share related to the acquisition of the 50% interest in Armkel that the Company did not previously own, as well as charges of $0.20 per share related to the early redemption of debt.
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Church & Dwight Corporate Strategy July 2015
CHURCH & DWIGHT’S ANALYST DAY 2019 Safe Harbor Statement 2 01 – Who We Are 05 – International Story 02 – Why We Are Winning 06 – Animal Productivity Story 03 – ARM & HAMMER 07 - How We Run The Company 04 – 2019 Innovations 08 – Financials The Short Story 2018 was another solid year. We have confidence in our future. Solid 2018 financial results Digitally savvy Consistent innovation International growth continues Animal Productivity opportunity Strong 2019 Outlook 4 01 Who We Are Matt Farrell, President and Chief Executive Officer We Have an Evergreen Business Model Organic Sales Growth 3% EPS Growth 8% 6 Organic Sales – Sources 2% United States 3% 6% International 5% Specialty Products 7 POWER 11BRANDS 8 These 11 Brands Drive Our Results more than 80% of sales & profits are represented by these 11 POWER BRANDS 9 Our Portfolio Is Balanced & Diversified A well-balanced portfolio of household and personal care products. Household: 45% Specialty Products: Personal Care: 48% 7% 10 Diversified Product Portfolio Our Unique Product Portfolio Has Both Value and Premium Products Premium: 65% Value: 35% 11 We are an Acquisition Platform BBB+ Revenue Operational Excellent Access to Growth Efficiencies Integration Capital Track Record 12 Long History of Growth Through Acquisitions Net Sales (Billions) $4.5 $4.1 $4.0 $3.5 $3.0 $2.5 $2.0 $1.5 $1.5 $1.0 $0.5 $- 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Note: Trojan, Nair and First Response acquired in two parts – 2001 and 2004. 13 Acquired 10 of our 11 Power Brands Since 2001 Acquired 2001 Acquired 2001 Acquired 2001 Acquired 2001 Acquired 2005 #1 Extreme Value Laundry #1 Battery Powered #1 Condom #1 Pregnancy Kit #1 Depilatory Detergent Toothbrush Acquired 2006 Acquired 2008 Acquired 2011 Acquired 2012 Acquired 2017 #1 Power Flosser #1 Laundry #1 Oral Care #1 Adult & Kids #1 Replacement #1 Dry Shampoo Additive Pain Relief Gummy Vitamin Showerhead 14 Being the leading brand gives us the ability to take price.
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Talented People Superior Products a Successful Integration
CHURCH & DWIGHT CO., INC. 2002 ANNUAL REPORT ® TALENTED PEOPLE A SUCCESSFUL INTEGRATION: SUPERIOR PRODUCTS FINANCIAL HIGHLIGHTS Dollars in millions, except per share data 2002 2001 CHANGE SALES $1,047.1 $959.7 +9% INCOME FROM OPERATIONS 104.5 93.5 +12% NET INCOME 66.7 47.0 +42% NET INCOME PER SHARE - DILUTED 1.60 1.15 +39% DIVIDENDS PER SHARE 0.30 0.29 +3% Additional Information ADJUSTED NET INCOME PER SHARE - DILUTED(1) (2) 1.61 1.38 +17% (1)Excludes, in 2002, a net charge of $0.01 per share related to the valuation of Armkel’s opening inventories and the allocation of profits under the Armkel joint venture agreement. Excludes, in 2001, a $0.02 per share plant shutdown charge, a $0.06 per share intangibles amortization charge that was discontinued in 2002 with the adoption of accounting standard FAS No. 142, and a $0.15 per share accounting charge related to the step-up of Armkel’s opening inventories. (2)These are non-GAAP (Generally Accepted Accounting Principles) measures of performance which may not be comparable to similar measures of performance used by other companies. For additional information, see Management’s Discussion and Analysis of Financial Condition and Results of Operations included in the Company’s 2003 Proxy Statement. Cover Caption: Talented People and Superior Products Our major accomplishment in 2002 was the successful integration of the USA Detergents and Carter-Wallace consumer products operations, further strengthening Church & Dwight and affiliates as a dynamic consumer packaged goods and specialty chemicals business. COMPANY PROFILE 1 Church & Dwight Co., Inc., founded in 1846, is the world’s leading producer of sodium bicarbonate, popularly known as baking soda, a natural product which cleans, deodorizes, leavens and buffers.
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Church & Dwight Corporate
Safe Harbor Statement 2 01. WHO WE ARE 02. CATEGORY TRENDS 03. HOW WE DELIVER 04. HOW WE RUN THE COMPANY 05. FINANCIALS 3 01. WHO WE ARE 4 Started with Arm & Hammer Baking Soda 5 $3.5 Billion Diversified CPG Company 6 10 Power Brands 7 These 10 Brands Drive Our Results of sales and profits are represented by these 80% 10 power brands. 8 We Are a Serial Acquirer Acquired 2001 Acquired 2001 Acquired 2001 Acquired 2001 Acquired 2005 #1 Extreme Value Laundry #1 Battery Powered #1 Condom Detergent #1 Pregnancy Kit #1 Depilatory Toothbrush Acquired 2006 Acquired 2008 Acquired 2011 Acquired 2012 #1 Laundry #1 Oral Care #1 Adult & Kids Additive Pain Relief #1 Dry Shampoo Gummy Vitamin 9 Long History of Growth Through Acquisitions Net sales in billions $3.5 $1.5 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Note: Trojan, Nair and First Response acquired in two parts – 2001 and 2004. 10 We Have Clear Acquisition Criteria Primarily #1 Higher growth, Asset Light Leverage CHD Deliver or #2 share higher margin capital base in sustainable brands brands manufacturing, competitive logistics and advantage purchasing 11 Church & Dwight Is An Acquisition Platform BBB+ Revenue Operational Excellent Access to Growth Efficiencies Integration Capital Track Record 12 We Are Primarily a U.S. Company 82% of Church & Dwight is based in the United States. 13 Our Portfolio Is Balanced & Diversified A well-balanced portfolio of household and personal care. Household 48% Personal Care Specialty 44% Products 8% 14 We Operate in the Land of Giants 2016 Net Sales ($ billions) $65.3 $55.5 $18.2 $15.2 $12.2 $5.8 $3.5 P&G Unilever Kimberly Clark Colgate Reckitt Clorox Church & Dwight Source: 2016 SEC Filings and Corporate Websites 15 Deliver Outstanding Returns to Our Shareholders 2,800% 2,450% 2,450% 2,100% 1,750% 1,400% 1,050% Indexed Total Return Total Indexed 700% 562% 350% 325% 0% 1/97 5/00 9/03 1/07 5/10 9/13 1/17 Source: Market data as of 30-Jan-2017.
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Church & Dwight Co, Inc. 2016 Annual Report
2016 Annual Report CHURCH & DWIGHT CO., INC. ® 55352c1.indd 1 3/22/17 2:36 PM 2016 Annual Report KEY FINANCIAL HIGHLIGHTS In Millions, except per share data 2015 2016 reported adjusted* reported adjusted* NET SALES $ 3,395 $ 3,395 $ 3,493 $ 3,493 GROSS PROFIT MARGIN 44.5 % 44.5 % 45.5 % 45.7 %(2) INCOME FROM OPERATIONS $ 674 $ 683 $ 724 $ 729 (3) OPERATING PROFIT MARGIN 19.9 % 20.1 % 20.7 % 20.9 %(3) NET INCOME $ 410 $ 434 $ 459 $ 464 (4) NET INCOME PER SHARE — DILUTED $ 1.54 $ 1.62 $ 1.75 $ 1.77 (4) DIVIDENDS PER SHARE $ 0.67 $ 0.67 $ 0.71 $ 0.71 YEAR-END STOCK PRICE $ 42.44 $ 42.44 $ 44.19 $ 44.19 2016 Key Financial Results On February 7, 2017, the Company • Worldwide net sales increased 2.9%. declared a 7% increase in its quarterly • Organic sales increased 3.2%. (1) dividend from $0.1775 per share to • Adjusted gross proﬁ t margin increased 120 basis points to 45.7%. $0.19 per share. • Adjusted operating proﬁ t margin increased 80 basis points to 20.9%. • Net cash from operations increased to a record level of $655 million. • Adjusted earnings per share increased 9.3%. Net sales Earnings per share (in millions of dollars) (in dollars) 2014 2014 2015 2016 $3,298 $1.51 2015 $3,395 $1.62 (4) 2016 $3,493 $1.77 (4) For additional information, see Management’s Discussion and Analysis of Financial Condition and Results of Operations included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016.
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Church & Dwight
Church & Dwight Company, Inc. Annual Report 2019 Form 10-K (NYSE:CHD) Published: February 21st, 2019 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 Commission file number 1-10585 CHURCH & DWIGHT CO., INC. (Exact name of registrant as specified in its charter) Delaware 13-4996950 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 500 Charles Ewing Boulevard, Ewing, N.J. 08628 (Address of principal executive offices) Registrant’s telephone number, including area code: (609) 806-1200 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange Title of each class on which registered Common Stock, $1 par value New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act :None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
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Church & Dwight Co., Inc
2 3 4 Full Year 2013 Results So, How Did CHD Do In 2013? “Here’s Matt!” 5 6 Full Year 2013 * Adjusted FCF and FCF Conversion excludes a $36 million federal tax payment that was deferred from Dec 2012 to Jan 2013 due to Hurricane Sandy 7 ($ in millions) 2012 2013 Δ Net Sales $2,922 $3,194 9.3% Organic Growth 5.2% 1.9% Gross Margin 44.2% 45.0% +80 bps Mktg. % of Sales 12.2% 12.5% +30 bps SG&A as % of Sales 13.3% 13.0% -30 bps Operating Margin 18.7% 19.5% +80 bps Effective Tax Rate 35.5% 34.0% EPS $2.45 $2.79 Adjusted FCF* $413 $469 FCF Conversion* 118% 119% * Adjusted FCF and FCF Conversion excludes a $36 million federal tax payment that was deferred from Dec 2012 to Jan 2013 due to Hurricane Sandy 8 2.3% 2.0% 1.8% 1.5% Q1 Q2 Q3 Q4 9 +110bps +110bps +100bps +100bps +90bps +20bps 0bps ’12Q3 ’12Q4 ’13Q1 ’13Q2 ’13Q3 ’13Q4 10 14.3% 13.2% 12.4% 10.1% Q1 Q2 Q3 Q4 11 2013 Growth * Market share is Nielsen 52-week 12/22/13 All-Outlet 12 13 $2.79 $2.45 $2.21 +14% $1.98 +11% $1.74 +12% +14% $1.43 +22% $1.23 $1.04 +16% $0.92 $0.83 +19% $0.67 +13% $0.54 +10% $0.46 +25% +24% +64% +16% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 14 DSO 52 DIO (DPO) CCC 42 38 36 28 30 31 2007 2008 2009 2010 2011 2012 2013 15 FCF = Operating Cash – CAPEX dollars in millions $500.0 $469 $413 $400.0 $339 $375 $361 $300.0 $200.0 $100.0 $0.0 2009 2010 2011 2012 2013 FCF % NI 139% NI 131% NI 117% NI 118% NI 119% NI Excludes New Plant, Abbott Settlement in 2009.
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Q4 2020 Earnings Release
CHURCH & DWIGHT CO., INC. News Release Contact: Rick Dierker Chief Financial Officer 609-806-1200 CHURCH & DWIGHT REPORTS Q4 AND FULL YEAR RESULTS Q4 NET SALES AND EPS EXCEED OUTLOOK FULL YEAR NET SALES +12.3% (+9.6% ORGANIC SALES GROWTH) 2021 ADJUSTED EPS OUTLOOK: $3.00-$3.06 +6-8%¹ ANNOUNCES 5.2% DIVIDEND INCREASE 2020 Fourth Quarter Results 2020 Full Year Results • Net Sales growth +13.2%: Domestic +13.8%, Int’l +16.2% • Net Sales growth +12.3%; Organic +9.6% • Organic sales +10.8%: Domestic +11.0%, Int’l +14.9% • EPS: $3.12 (+27.9%), Adjusted $2.83 (+14.6%) • EPS growth +1.7%; Adjusted -3.6% • Cash from operations $990.3 million, +14.6% EWING, NJ, JANUARY 29, 2021 – Church & Dwight Co., Inc. (NYSE: CHD) today announced reported full year 2020 EPS increased 27.9% to $3.12 per share. Adjusted EPS, which excludes a positive acquisition related earn- out adjustment, grew 14.6% to $2.83, exceeding the Company’s outlook of 13%.² Full year net sales grew 12.3% to $4,895.8 million. The Company continues to experience a significant increase in consumer demand for many of its products, primarily in response to the COVID-19 pandemic. Volume growth was driven by higher consumption. Organic sales grew 9.6% driven by volume growth of 8.1% and positive product mix and pricing of 1.5%. Reported Q4 net sales were $1,295.3 million, a $151.1 million or 13.2% increase. Organic sales growth of 10.8% exceeded the Company’s outlook of 8% driven by volume growth of 10.3% and positive price and product mix of 0.5%.
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