Church & Dwight targets 4% organic sales growth, 8% adjusted EPS gain in evergreen outlook
CHD•Margin and expense assumptions
Operating margin is expected to expand 50 basis points on 25-50 basis points of gross margin gains.
Marketing spend is guided to about 11% of sales, while SG&A is seen down 25 bps to flat.
Evergreen outlook targets sales and EPS growth
Church & Dwight outlined an evergreen outlook calling for 4% organic sales growth.
Growth split targets 3% domestic, 8% international, and 5% Specialty Products Division.
The company also forecast 8% adjusted EPS growth.
