Church & Dwight Co Inc logo

CHD - Church & Dwight Co Inc News Story

$88.09 -0.4  -0.4%

Last Trade - 4:56pm

Sector
Consumer Defensives
Size
Large Cap
Market Cap £15.63bn
Enterprise Value £17.05bn
Revenue £3.58bn
Position in Universe 558th / 6854

BUZZ-Procter & Gamble: Rises on Q1 beat

Fri 19th October, 2018 3:34pm
(Updates shares, adds other consumer goods makers)
    ** Procter & Gamble  PG.N  shares jump 7.3 pct to $86.12,
set for best day in 10 years after company reports surprise rise
in Q1 revenue and its profit beats estimates  urn:newsml:reuters.com:*:nL3N1WZ4DW
    ** Other consumer goods makers also rise; Colgate-Palmolive
Co  CL.N  ~4 pct, Clorox  CLX.N  2.3 pct; Kimberly-Clark  KMB.N 
and Church & Dwight  CHD.N  up 2 pct  
    ** PG top pct gainer on S&P 500 Consumer Staples index
 .SPLRCS  
    ** Co says Q1 organic sales, which exclude revenue from
newly acquired units, grew 4 pct, the best in five years 
    ** Says plans to raise prices on several products in U.S.
home care, oral care and personal care categories
    ** Company expects to pay over $7 bln in dividends and
repurchase up to $5 bln of common shares  urn:newsml:reuters.com:*:nBw4ZnqR3a
    ** Including Friday's gains, PG down ~7 pct this year, while
Colgate down 13 pct and Kimberly down ~8 pct
    ** However, CHD up 20 pct and Clorox up 3 pct YTD; The
broader S&P consumer staples index  .SPLRCS  down 4.3 pct

 (Reporting by Sruthi Shankar and Soundarya J in Bengaluru)
 ((sruthi.shankar.reuters.com@reuters.net))
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