CHD

EX-99.1

2 chd-ex99_1.htm

EX-99.1

EX-99.1

Church & Dwight Co., Inc.

News Release

Contact:

Lee McChesney

Chief Financial Officer

609-806-1200

CHURCH & DWIGHT DELIVERS STRONG THIRD QUARTER RESULTS

Q3 NET SALES, ORGANIC SALES AND ADJUSTED EPS EXCEED OUTLOOK

RAISES FULL YEAR 2026 SALES OUTLOOK AND TIGHTENS EPS OUTLOOK RANGE

2026 Third Quarter Results

2026 Full Year Outlook

• Net Sales +1.0% reflecting strategic Portfolio actions

• Organic Sales +5.1%: Domestic +4.4% | Int’l +7.8% | SPD +5.0%¹

• Gross Margin 46.8% (+170 bps)

• Reported EPS $0.89, Adjusted EPS $0.92¹ (+13.6%)

• Cash from Operations $380 Million

• Net Sales approximately +0.5% (Prior Range Flat to +1%)

• Organic Sales Growth approximately +5%1 (Prior +4% to +5%)

• Adjusted Gross Margin expansion of approximately 100 bps

• EPS +20%; Adjusted EPS approximately +7%¹ (Prior 6% to 8%)

• Cash From Operations ~$1.175 Billion

EWING, NJ, October 30, 2026 – Church & Dwight Co., Inc. (NYSE: CHD) today announced that the Company exceeded its third quarter outlook with stronger than forecasted sales and earnings growth. Net sales increased 1.0% to $1,602 million in the third quarter, exceeding the Company’s outlook of a 1% decline and reflecting the benefits of the 2025 strategic portfolio actions. Organic sales grew 5.1%, well above the Company’s 3% outlook, with growth across all three divisions, driven primarily by volume growth of 4.6%, as well as positive price and mix of 0.5%.

Rick Dierker, Chief Executive Officer, commented, “Our power brands continue to perform exceptionally well despite a challenging macroeconomic environment, driving our third consecutive quarter of industry-leading organic sales growth. In the third quarter, our leading brands once again increased share driven by innovation, distribution wins, and our targeted marketing investments. The strength of our brand portfolio, combined with our targeted 2025 strategic portfolio actions, has enhanced the focus on our growth initiatives and reinforces our confidence as we enter the fourth quarter of 2026 and into 2027. We are raising our 2026 outlook for sales and tightening our outlook for earnings per share.

“Thank you to our Church & Dwight team members across the globe for executing well in a volatile environment and delivering strong organic growth and gross margin expansion every quarter this year. In the third quarter, the domestic division grew 4.4% organically reflecting sustained strength across both our household and personal care portfolios. The International division grew a robust 7.8% organically, driven by broad-based growth across the Global Markets Group and our subsidiaries. The Specialty Products division also delivered a strong organic sales growth of 5.0% as the business delivered balanced results across the globe. Global e-commerce revenues grew 20% in the third quarter with global online sales now representing 25.9% of the Company’s total consumer sales, reflecting the continued strength of its digital capabilities and brands.

“Third quarter reported EPS was $0.89, compared to $0.75 last year. Third quarter Adjusted EPS of $0.92 increased 13.6% versus last year and exceeded the Company’s outlook of $0.89. Stronger-than-expected sales drove earnings growth versus our outlook and supported incremental SG&A investments and incentive compensation. The Company continues to expect approximately $1.175 billion of cash from operations for full-year 2026.”

Third Quarter Review

Consumer Domestic net sales were $1,225 million, a $5 million or 0.4% increase. Organic sales increased 4.4%driven by volume growth (+3.6%) and favorable price and product mix (+0.8%). Organic sales growth was driven by ARM & HAMMER™ Liquid Laundry Detergent, THERABREATH™ mouthwash and toothpaste, ARM & HAMMER™ cat litter, and WATERPIK™ water flossers. Reported Consumer Domestic sales also included growth from the MISS MOUTH’S acquisition which partially offset the sales impact from last year’s strategic portfolio actions.

Consumer International net sales were $297 million, a $7 million or 2.5% increase. Organic sales increased 7.8% driven by higher volume (+9.1%) and partially offset by lower price and product mix (-1.3%). Growth was driven by the THERABREATH, BATISTE™, TOUCHLAND™ and OXICLEAN™ brands.

Specialty Products net sales were $80 million, a $4 million or 5.0%increase. Organic sales also increased 5.0% as a result of higher volume (+2.9%) and higher price and product mix (+2.1%).

Gross margin increased 170 basis points to 46.8%. Adjusted gross margin was also 46.8%, an increase of 170 basis points driven by higher volume, productivity, tariff refunds, and favorable mix from our acquisitions and portfolio actions, which offset the higher inflation and transportation cost increases.

Marketing expense was $191 million or 11.9% of net sales, down 90 basis points compared to last year. The Company continues to invest in its brands and new products, supporting ou

SEC.gov | Request Rate Threshold Exceeded

U.S. Securities and Exchange Commission

You’ve Exceeded the SEC’s Traffic Limit

Your request rate has exceeded the SEC’s maximum allowable requests per second. Your access to SEC.gov will be limited for 10 minutes.

Current guidelines limit each user to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. To ensure that SEC.gov remains available to all users, we reserve the right to block IP addresses that submit excessive requests.

The block will be lifted automatically by waiting 10 minutes. Continuing to exceed the SEC’s maximum allowable request rate during the time-out period will extend the duration of the time-out period. To ensure fair access for all users, please reduce the rate of your requests and visit SEC.gov again after the 10 minute time-out period has passed.

For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. For more information, contact opendata@sec.gov.

For more information, please see the SEC’s Web Site Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission.

Reference ID: 0.ce06d217.1785589708.53312338

More Information

Internet Security Policy

By using this site, you are agreeing to security monitoring and auditing. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users.

Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. §§ 1001 and 1030).

To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests.

If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.

Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users.

Note: We do not offer technical support for developing or debugging scripted downloading processes.

EX-99.1

2 chd-ex99_1.htm

EX-99.1

EX-99.1

Church & Dwight Co., Inc.

News Release

Contact:

Lee McChesney

Chief Financial Officer

609-806-1200

CHURCH & DWIGHT REPORTS Q1 2026 RESULTS

Q1 NET SALES, GROSS MARGIN AND ADJUSTED EPS EXCEED OUTLOOK

REITERATING FULL YEAR 2026 OUTLOOK

2026 First Quarter Results

2026 Full Year Outlook

• Net Sales +0.2% Reflecting Strategic Portfolio Actions

• Organic Sales +5.0%: Domestic +5.4% | Int’l +3.7% | SPD +3.1%¹

• Adjusted Gross Margin of 46.4%¹ (+130 Bps)

• Reported EPS $0.91, Adjusted EPS $0.95¹ (+4.4%)

• Cash from Operations $174.8 million

• Net Sales -1.5% to -0.5% Reflecting Strategic Portfolio Actions

• Organic Sales Growth 3% to 4%1

• Adjusted Gross Margin Expansion of 100 bps

• Reported EPS 18% to 22%, Adjusted EPS 5% to 8%¹

• Cash from operations $1.15 billion

EWING, NJ, May 1, 2026 – Church & Dwight Co., Inc. (NYSE: CHD) today announced that the Company exceeded its first quarter outlook with stronger than expected sales, gross margin expansion, earnings growth and continued market share gains across its global portfolio. Reflecting our 2025 strategic portfolio actions, first quarter 2026 net sales increased 0.2% to $1,469.3 million, exceeding the Company’s first quarter outlook of a 1% decline. Organic sales grew 5.0% versus our 3% outlook with growth across all three divisions and was driven by volume growth of 5.3%, partially offset by negative pricing and mix of 0.3%.

Rick Dierker, Chief Executive Officer, commented, “Our brands continue to perform exceptionally well in this dynamic macroeconomic environment. Solid category growth and the performance of our balanced portfolio of value and premium products provide further confidence in our full-year outlook. Our growth was broad-based with volume growth driven by strong innovation and distribution wins across all domestic classes of trade. Our operating model of consistent delivery of sales growth, margin expansion, and efficient working capital management leads to strong cash flow generation, fueling our investments in our existing brands and the acquisition of market leading new brands.

“In the first quarter, the Company’s domestic division grew 5.4% organically due to broad based growth across our household and personal care portfolio. The international division grew organically 3.7% in the first quarter, driven by growth in both GMG and our subsidiaries. Our Specialty Products division’s organic sales grew 3.1% with strong global results. Global e-commerce also continued to grow in the first quarter. Global online sales now represent 24% of total consumer sales. Finally, the Company generated solid cash flow in the quarter, and we continue to expect approximately $1.15 billion of cash from operations this year.

“Reported EPS was $0.91, compared to $0.89 last year, Adjusted EPS was $0.95, an increase of 4.4%. First quarter Adjusted EPS exceeded the Company’s outlook of $0.92 driven primarily by higher sales volume and strong gross margins.”

First Quarter Review

Consumer Domestic net sales were $1,117.7 million, a $12.1 million or 1.1% decrease reflecting the Company’s 2025 strategic portfolio actions. Organic sales increased 5.4% due to volume (+5.5%) partially offset by price and product mix (-0.1%). Organic growth in THERABREATH™ mouthwash and toothpaste, ARM & HAMMER™ cat litter, HERO™ and OXICLEAN™ was partially offset by declines in WATERPIK™ flossers. Reported Consumer Domestic sales also included growth from the TOUCHLAND™ acquisition offset by the sales impact from last year’s strategic portfolio actions.

Consumer International net sales were $273.9 million, a $12.0 million or 4.6% increase. Organic sales increased 3.7% due to higher volume (+5.3%) partially offset by lower price and product mix (-1.6%). Growth was led by the THERABREATH, HERO, and BATISTE™ brands, partially offset by lower Middle East region sales. Reported Consumer International sales also included growth from the TOUCHLAND™ acquisition and was offset by the sales impact from last year’s strategic portfolio actions.

Specialty Products net sales were $77.7 million, a $2.3 million or 3.1% increase. Organic sales also increased 3.1% due to a combination of higher volume (+2.0%) and higher price and product mix (+1.1%).

Gross margin increased 140 basis points to 46.4%. Adjusted gross margin was also 46.4%1, an increase of 130 basis points driven by higher volume, productivity, favorable mix from our acquisitions and portfolio actions partially offset by higher inflation and tariff costs.

Marketing expense was $139.4 million, up $2.8 million and 20 basis points as a percentage of sales compared to last year. The Company continues to invest in its brands and new products, supporting our innovation initiatives and organic growth.

Selling, general, and administrative expense (SG&A) was $251.0 million, including $6.3 million of charges related to restricted stock issued for the TOUCHLAND acquisition.