Church & Dwight beat Q3 sales estimates on volume growth, raises FY outlook
CHD•Church & Dwight reported Q3 net sales of $1.60 billion and adjusted EPS of $0.92, beating estimates, and raised its 2026 outlook. The company also approved a new $1 billion share repurchase program.
1. Quarterly results
Q3 net sales rose 1.0% to $1.60 billion, above the $1.58 billion analyst estimate, while adjusted EPS rose 13.6% to $0.92, above the $0.90 estimate. Organic sales growth was driven primarily by a 4.6% volume increase across all divisions. Gross margin rose 170 basis points to 46.8%.
2. Raised outlook
Church & Dwight raised its 2026 net sales growth outlook to approximately 0.5% from a prior range of flat to 1%, and now expects organic sales growth of approximately 5%, up from 4% to 5%. It tightened its adjusted EPS growth outlook to approximately 7% from a range of 6% to 8%, and approved a new $1 billion share repurchase program.
