Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 178

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 178
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 0.7
    %

    Net Sales increase
     
    3.5
    %

The increase in net sales for 2024 includes growth from THERABREATH® mouth wash, HERO® acne treatment products, ARM & HAMMER® liquid detergent, ARM & HAMMER® cat litter, and ARM & HAMMER® baking soda, partially offset by declines in VITAFUSION® and L’IL CRITTERS® gummy vitamins, FINISHING TOUCH FLAWLESS® hair removal products, and WATERPIK® Shower Heads.   

Consumer Domestic income from operations for 2024 was $684.9, a $244.8 decrease as compared to 2023.  The decrease is due to the VMS non-cash intangible and PP&E impairment charges of $327.4.  Excluding the non-cash impairment charges, Consumer Domestic income from operations increased by $82.6 driven by higher sales volumes of $77.2, the benefit of productivity programs of $75.6, favorable price/mix of $22.9, and a favorable tariff ruling of $31.6, partially offset by higher manufacturing and distribution expenses of $62.5, higher SG&A expenses of $32.6 from growth investments, and higher marketing expenses of $29.0.

Consumer International 

2024 compared to 2023

Consumer International net sales in 2024 were $1,071.5, an increase of $95.8 or 9.8% as compared to 2023.  The components of the net sales change are the following: 

    Net Sales - Consumer International
    December 31, 2024

    Product volumes sold
     
    5.7
    %

    Pricing/Product mix
     
    3.3
    %

    Foreign exchange rate fluctuations
     
    (0.2
    %)

    Acquired product lines (1)
     
    1.0
    %

    Net Sales increase
     
    9.8
    %

(1)The Graphico acquisition is included in our results since June 3, 2024, the date of acquisition.

Excluding the impact of foreign exchange rates and the Graphico acquisition, the increase in net sales for the year ended December 31, 2024, was driven by OXICLEAN® stain removers, THERABREATH® mouth wash, ULTR