8-K/AEarnings & Results

CHURCH & DWIGHT CO INC /DE/ 8-K/A Report, Financial Results (May 2, 2019)

Filed May 2, 2019For Securities:CHD

Summary

This 8-K filing from Church & Dwight Co., Inc. (CHD) is an amendment to a previous report, specifically correcting information related to the "FLAWLESS Acquisition". The amendment clarifies the impact of this acquisition on the Company's full-year 2019 financial projections compared to 2018. Investors should note the revised figures for Net Sales, Gross Margin, Marketing expenses, and Selling, General & Administrative (SG&A) expenses. While the core financial results of the original report remain unchanged, this amendment provides a more accurate outlook on how the FLAWLESS acquisition is expected to influence key financial metrics for the full year 2019. The Company emphasizes that these are forward-looking statements subject to risks and uncertainties, and actual results may differ.

Key Highlights

  • 1Amendment to a prior 8-K filing, correcting information regarding the FLAWLESS Acquisition.
  • 2Revised impact of FLAWLESS acquisition on full year 2019 results compared to 2018.
  • 3Net Sales expected to increase by 200 basis points due to FLAWLESS.
  • 4Gross Margin expected to increase by 20 basis points due to FLAWLESS.
  • 5Marketing expenses expected to decrease by 10 basis points due to FLAWLESS.
  • 6SG&A expenses expected to increase by 50 basis points (revised from a previous reported decrease of 50 bps) due to FLAWLESS.
  • 7No other changes to the original press release or 8-K filing.

Frequently Asked Questions

This filing is an amendment to a previous 8-K report to correct specific financial impact details related to the FLAWLESS acquisition on the company's full-year 2019 financial outlook.

The FLAWLESS acquisition is expected to positively impact full-year 2019 net sales by approximately 200 basis points (2%).

The original press release incorrectly stated that SG&A expenses would decrease by 50 basis points due to the FLAWLESS acquisition. This amendment corrects that to indicate an expected increase of 50 basis points.

No, the amendment specifically addresses and corrects only the information related to the FLAWLESS acquisition's impact on certain financial metrics. All other information in the original press release and 8-K filing remains the same.