Getting Defensive: 3 Dividend Payers Reporting Strong Q3 Earnings Church & Dwight (NYSE:CHD) reported second-quarter results that exceeded its prior outlook, driven by broad-based volume growth, market-share gains and contributions from innovation.
The company raised its full-year sales, earnings and cash-flow outlook despite what management described as a dynamic operating environment marked by inflation, tariffs and transportation costs
Net sales increased 1.6% in the second quarter, while organic sales rose 5.8%, ahead of the company’s approximately 3% forecast. Organic growth was led by 4.3% volume growth and 1.5% from price and mix. Adjusted earnings per share were $0.89, above the company’s $0.88 outlook, while adjusted gross margin increased 40 basis points to 45.4%. – 3 Recession-Ready Stocks That Thrive When the Economy Sputters “Our brands continue to perform exceptionally well, driving a second straight quarter of industry-leading organic sales growth,” President and Chief Executive Officer Rick Dierker said.
He said consumer spending remained resilient and the company’s categories were growing faster than initially expected. Brand Performance and Innovation Domestic organic sales rose 5.1%, supported by growth in both household and personal-care products. Dierker highlighted TheraBreath mouthwash and toothpaste, Hero acne products, ARM & HAMMER cat litter and ZICAM as key contributors. – Shield Your Portfolio From Aug. 1 Tariffs With This Low-Vol ETF ARM & HAMMER cat litter consumption increased 7.5% during the quarter, and market share rose 0.8 points to 24.5%.