CHURCH & DWIGHT CO INC /DE/ (CHD)

Church & Dwight, founded in 1846 and incorporated in Delaware in 1925, develops, manufactures and markets a broad portfolio of consumer household and personal care products alongside specialty products for animal and food production, chemicals and cleaners. The company operates through three segments: Consumer Domestic, Consumer International and the Specialty Products Division (SPD). Its portfolio includes seven "power brands"—ARM & HAMMER, OXICLEAN, VITAFUSION/L'IL CRITTERS, BATISTE, WATERPIK, THERABREATH and HERO—which together represent approximately 70% of net sales and profits, alongside other well-known names such as TROJAN, NAIR, ORAJEL, FIRST RESPONSE, SPINBRUSH, XTRA and ZICAM.

In Consumer Domestic, household products (about 42% of consolidated net sales) include baking soda-based items, laundry detergents and cat litter, while personal care products (about 36% of consolidated net sales) span oral care, antiperspirants, condoms, dietary supplements, hair care and more. Consumer International, representing about 17% of net sales, markets products through subsidiaries in Australia, Canada, France, Germany, Mexico and the UK, plus exports to over 130 countries via a Global Markets Group. SPD, roughly 5% of net sales, focuses on animal and food production nutritional supplements, specialty chemicals (notably sodium bicarbonate manufactured from trona reserves via a partnership with Tata Chemicals) and specialty cleaners, including joint ventures Armand Products Company and ARMAKLEEN.

Products are distributed through supermarkets, mass merchandisers, clubs, drugstores, e-commerce and other retail channels domestically, and through subsidiary sales teams and distributor networks internationally, with Walmart representing approximately 23% of 2023 consolidated net sales. The company competes against major players including P&G, Clorox, Colgate-Palmolive, Reckitt Benckiser, Unilever and others, many with greater financial resources. Church & Dwight emphasizes a sustainability strategy built around six ESG pillars covering brands, products, packaging, employees/communities, environment/climate, and responsible sourcing, overseen by a Corporate Issues Council and its Board of Directors.

Its operations and products are subject to extensive regulation by agencies including the FDA, EPA, FTC, CPSC and FCC, covering medical devices, OTC pharmaceuticals, dietary supplements, cosmetics and food/animal feed products, with compliance obligations spanning manufacturing practices, labeling, adverse event reporting and premarket clearances.