Church & Dwight reported adjusted earnings per share of $0.86 for the fourth quarter, surpassing consensus estimates of $0.84. Revenue totaled $1.64 billion, up 3.9% year-over-year and in line with expectations. Organic sales grew 0.7% overall and 1.8% when excluding the divested vitamin business. Adjusted gross margin expanded by 90 basis points to 45.5%, driven by productivity initiatives, higher volumes and a favorable product mix that more than offset inflationary and tariff pressures. The quarter included a one-time after-tax charge of $45.6 million related to the sale of the VITAFUSION and L’IL CRITTERS brands to Piping Rock.

For the full year, net sales rose 1.6% to $6,203.2 million, exceeding the company’s outlook of 1.5% growth. Organic sales increased 0.7%, despite a 130-basis-point drag from the exited vitamin, toothbrush and showerhead businesses. Adjusted EPS reached $3.53, a 2.6% increase versus 2024, topping the company’s 1.5% EPS growth target. Cash from operations was $1.2 billion, up $59.2 million year-over-year, while capital expenditures declined $57.4 million to $122.4 million. The company repurchased $900 million of shares during 2025 and finished the year with $409 million in cash against $2.2 billion of debt.

Church & Dwight forecasts organic sales growth of 3% to 4% for 2026 and adjusted EPS growth of 5% to 8%. For the first quarter, the company projects approximately 3% organic sales growth and adjusted EPS of $0.92, slightly above prior-year results. The board approved a 4.2% increase in the quarterly dividend to $0.3075, marking the 30th consecutive year of dividend growth and raising the annual payout to approximately $291 million. Robust cash flow generation and a strong balance sheet are expected to support innovation, share repurchases and potential acquisitions throughout the year.