Church & Dwight sees Q4 adjusted EPS 83c, consensus 89c

Rick Dierker, CEO, stated, “For Q4, we expect reported sales growth of approximately 3.5% and organic sales growth of approximately 1.5%. Our second half expectations for organic growth are unchanged at approximately 2.5%. Our Q4 organic growth outlook reflects the impact of the prior year port strike and negative consumption trends in our VMS business. We expect marketing and SG&A to be lower as a percent of sales compared to the fourth quarter 2024. As a result, we expect Adjusted EPS of approximately 83c per share, an increase of 8% versus last year’s adjusted Q4 EPS. Our capital allocation strategy focuses on delivering organic and acquisitive growth, strong productivity and returning cash to our shareholder. Our associates worldwide have delivered meaningful growth in a challenging external environment and we are optimistic about the future. We continue to drive share gains across the globe, we acquired the category growth leading TOUCHLAND brand and made important strategic decisions to strengthen the portfolio by exiting the FLAWLESS, SPINBRUSH and WATERPIK shower head businesses. We increased our dividend for the 29th consecutive year and we returned $600M to our shareholders through share repurchases. As we look forward, we continue to expect to benefit from the combination of our strong cash flow and strong balance sheet to drive organic growth and acquire great brands worldwide.”