Philip Gorham's questions to Church & Dwight Co Inc (CHD) leadership • Q1 2025
Question
Philip Gorham of Citi asked for the assumed breakdown of volume and price within the full-year organic sales guidance. He also sought to confirm the basis point impact of the net tariff headwind on gross margin and EPS.
Answer
CFO Lee McChesney stated that for the remainder of the year, pricing is expected to be flattish, and the outlook is primarily about volume growth. He confirmed that the net tariff impact embedded in the guidance represents a 40 to 50 basis point headwind to gross margin.