Topic: How To Invest

Q: Please, may I have your recommendation on Church & Dwight going forward? Thanks.

Article Excerpt

A: Church & Dwight Co. Inc., $89.06, symbol CHD on New York (Shares outstanding: 244.0 million; Market cap: $22.0 billion; www.churchdwight.com), is a manufacturer of leading personal care, household, and specialty products. Founded in 1846, the company is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. Its well-known brands include Arm & Hammer baking soda, but also household names OxiClean, Trojan, L’il Critters, Waterpik, Orajel, Nair, Spinbrush, and more. In December 2021, Church & Dwight completed the acquisition of the TheraBreath brand for $580 million in cash. TheraBreath is the number-two brand in alcohol-free mouthwash in the U.S. Its annual sales through the end of September were $86 million. Its international sales account for less than 10% of overall revenue. Meanwhile, Church & Dwight continues to grow by acquisition. In October 2022, the company completed the acquisition of Hero Cosmetics’ Mighty Patch brand for $630 million. Mighty Patch is the second-largest acne brand in the U.S. It’s also the number-one acne…