Church & Dwight beat Q3 sales estimates on volume growth, raises FY outlook (updated)

Church & Dwight

30/10/2026 11:21

Adds premarket share move

Overview
U.S. consumer products maker's Q3 net sales rose 1.0%, beating analyst expectations
Adjusted EPS for Q3 rose 13.6% to $0.92, beating analyst expectations
Company approved new $1 bln share repurchase program
Shares of Church & Dwight rose nearly 4% in premarket trading

Outlook
Company raises 2026 net sales growth outlook to approximately 0.5% from flat to 1%
Company now expects 2026 organic sales growth of approximately 5%, up from 4%-5%
2026 adjusted EPS growth outlook tightened to approximately 7%, from prior 6%-8% range

Result Drivers
VOLUME GROWTH - Co said organic sales growth was driven primarily by 4.6% volume increase across all divisions
BRAND PERFORMANCE - Co attributed share gains and organic sales growth to innovation, distribution wins and targeted marketing investments in power brands
GROSS MARGIN EXPANSION - Co said gross margin rose 170 bps to 46.8%, driven by higher volume, productivity, tariff refunds and favorable mix from acquisitions and portfolio actions

Company press release: ID:nBw1D901Ra

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.60 bln
$1.58 bln (14 Analysts)
Q3 Adjusted EPS
Beat
$0.92
$0.90 (16 Analysts)
Q3 EPS
 
$0.89
 
Q3 Net Income
 
$212.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the household products peer group is "hold."
Wall Street's median 12-month price target for Church & Dwight Co Inc is $105.50, about 0.5% below its October 29 closing price of $106.00
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 25 three months ago

Reuters Recommended Reads
Oct 27 - Rocky Brands Q3 sales rise on strong demand, tariff refund helps margins
Oct 28 - Unilever tops Q3 sales estimates, raises dividend
Oct 30 - Newell Brands Q3 sales slightly beat on gains across US

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)