Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c

Sees Q1 revenue growth approximately 4%, consensus $1.34B. "For Q1, we expect reported sales growth of approximately 4%, organic sales growth of approximately 1%, gross margin expansion and higher marketing and SG&A spending. As a result, we expect Adjusted EPS of $0.75 per share, a 10% decrease from last year’s adjusted Q1 EPS, which reflected a strong 2022 prior to the downturn in the economy. We expect Q1 revenue and profits to continue to be negatively impacted by softness in discretionary brands and the timing of equity grants."