Company Profile
Church & Dwight, Inc., founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda, a natural product that cleans, deodorized, leavens and buffers.
The Company’s ARM & HAMMER brand is one of the nation’s most trusted trademarks for a broad range of consumer and specialty products developed from the base of bicarbonate and related technologies.
Church & Dwight’s consumer products business is organized into two segments: Consumer Domestic, which encompasses both household and personal care products, and Consumer International, which primarily consists of personal care products. The Company has ten key brands representing approximately 80% of its consumer sales. These so-called “power brands†include ARM & HAMMER, TROJAN, OXICLEAN, SPINBRUSH, FIRST RESPONSE, NAIR, ORAJEL, XTRA, VMS and BATISTE. About 40% of the Company’s domestic consumer products are sold under the ARM & HAMMER brand name and derivative trademarks, such as ARM & HAMMER liquid and powder laundry detergent, ARM & HAMMER cat litter, ARM & HAMMER dental care and ARM & HAMMER baking soda. The remaining nine power brands have been added to the Company’s portfolio since 2001 through several acquisitions.
The combination of the core ARM & HAMMER brands and the other nine power brands make Church & Dwight one of the leading consumer packaged goods companies in the United States. Church & Dwight’s third business segment is Specialty Products. This business is a leader in specialty inorganic chemicals, animal nutrition, and specialty cleaners.
Contact Us
Address:
Church & Dwight Co., Inc.,
Princeton South Corporate Center,
500 Charles Ewing Boulevard
Ewing, NJ 08628
Telephone:
(609) 806-1900
Website:
www.churchdwight.com
Chairman's Message
I believe what matters most to our shareholders is Total Shareholder Return (TSR) — which reflects the combination of stock price appreciation and dividends. We manage Church & Dwight with the goal of delivering strong TSR to you and will continue to focus on this goal in 2016 and beyond.
In 2015, we achieved a TSR of 9.4% which is significantly better than the (1)% TSR of the S&P 500 stock index. Over the past decade, we delivered an annual TSR of approximately 19.3%, which was also significantly better than the 5.1% TSR of the S&P 500 stock index during the same period. In dollar terms, if you invested $1,000 each on January 1, 2006 in Church & Dwight stock and the S&P 500 stock index, the Church & Dwight investment was worth $5,822 on December 31, 2015, whereas the S&P 500 investment was worth only $1,673. That significant difference in investment reflects the work of an experienced management team that is never satisfied with status quo.
Outlook
Our long-term mission is to maintain our track record of delivering outstanding TSR relative to that of the S&P 500. Our long-term business model for delivering this sustained earnings growth is based on what we call our “evergreen business model,†reflecting annual organic revenue growth of 3.0%, gross margin expansion, tight management of overhead costs and operating margin improvement of roughly 50 basis points to achieve sustained annual earnings growth of 8%, excluding the effect of acquisitions.
Sincerely,
James R. Craigle
Chairman