Church & Dwight Co Inc at Barclays Global Consumer Staples Conference Transcript

Sep 03, 2019 / 06:15PM GMT
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst

All right. So next up, we have Church & Dwight with CEO Matt Farrell; CFO Rick Dierker; and CMO, Britta Bomhard.

Church & Dwight has had a strong start to the year in part aided by cost-justified pricing, moderating commodity pressures and easing promotional environment in the U.S.

Gross margins have come in ahead of plan, and after its 2Q beat, the company formally capped 2019 EPS growth at 9% as it plans to reinvest any further upside. With this, we'd argue it seems fair to say that Church is exhibiting the best traits of a defensive business model this year. Matt, Rick and Britta, thank you so much for being with us.

Matthew Thomas Farrell - Church & Dwight Co., Inc. - President, CEO & Chairman

Okay. Well, with me today, I have Rick Dierker, who's our CFO; and Britta Bomhard, who's our CMO. And Britta's going to come up and spend a little time updating everybody on our More Power To You ARM & HAMMER campaign which we launched

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