Aug 1 (Reuters) - Church & Dwight ( CHD ) beat

second-quarter profit and revenue estimates on Friday, helped by

steady demand for its household products such as OxiClean

detergent.

WHY IT'S IMPORTANT

Everyday essentials such as mouthwash and detergents have seen a

steady demand, as rising prices prompt consumers to prioritize

necessities over discretionary purchases.

The company's investments in marketing and product

innovation have also attracted more customers.

CONTEXT

The company is grappling with rising manufacturing costs and

softer demand for core U.S. products like Waterpik flossers and

Oxiclean stain removers, even as it looks to drive growth

through its acquisition of personal care brand Touchland, which

closed in the quarter.

The Trojan condom maker said it will exit its

underperforming Flawless, Spinbrush, and Waterpik showerhead

businesses by early 2026.

Larger peer Procter & Gamble has also flagged cautious

consumer spending and the impact of price hikes.

KEY QUOTE

"CHD's 60% premium/40% value portfolio is well positioned for

the difficult economic environment and is benefiting from

trade-down pressures, particularly in key home care categories,"

RBC Capital Markets analyst Nik Modi said, adding that the

company tends to be conservative with their forecast.

BY THE NUMBERS

The Oxiclean maker's net sales of $1.51 billion for the quarter,

beat analysts' estimate of $1.49 billion, according to data

compiled by LSEG.

Its quarterly adjusted profit of 94 cents per share beat

estimates of 86 cents.

Church & Dwight ( CHD ), however, forecast third-quarter adjusted

earnings per share at 72 cents, below estimates of 86 cents, due

to still-high inflation and tariff costs.