Church & Dwight Co., Inc. (CHD) Earnings
Church & Dwight Co., Inc. is expected to report next earnings on August 7, 2026 (in NaN days), with a consensus EPS estimate of $0.91. CHD has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +6.1% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 1, 2026 | $0.93 | $0.95 | +2.2% | $1.5B | +0.9% |
| Jan 30, 2026 | $0.84 | $0.86 | +2.4% | $1.6B | +13.0% |
| Oct 31, 2025 | $0.74 | $0.81 | +10.1% | $1.6B | +3.4% |
| Aug 1, 2025 | $0.86 | $0.94 | +9.7% | $1.5B | +1.3% |
| May 1, 2025 | $0.90 | $0.91 | +1.6% | $1.5B | -2.9% |
| Jan 31, 2025 | $0.77 | $0.77 | +0.0% | $1.6B | +1.1% |
| Nov 1, 2024 | $0.68 | $0.79 | +15.8% | $1.5B | +1.0% |
| Aug 2, 2024 | $0.84 | $0.93 | +10.7% | $1.5B | -0.0% |
| May 2, 2024 | $0.87 | $0.96 | +10.3% | $1.5B | +0.6% |
| Feb 2, 2024 | $0.65 | $0.65 | +0.0% | $1.5B | +1.0% |
| Nov 3, 2023 | $0.69 | $0.74 | +7.2% | $1.5B | +1.7% |
| Jul 28, 2023 | $0.79 | $0.89 | +12.7% | $1.5B | +2.3% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 1, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Macro environment: Conditions dynamic, consumer backdrop mixed, but consumer resilient; employment stable, largest categories grew 3% in quarter. - Q1 results: Net sales increased 0.2% ahead of expectation, organic sales grew 5% above outlook, adjusted gross margin expanded 130 basis points to 46.4%, adjusted EPS 95 cents up 4.4% year over year. - U.S. consumer business: Innovation and distribution gains key drivers, new product launches expected to account for half of organic growth. - Litter: Arm & Hammer cat litter performed well, TheraBreath and Hero contributed. - Touchline: Impacted by prior holiday sales. - International: Up 3.7% organic sales, upgraded ERP system went live in April
Guidance
- Full-year 2026 outlook: Reiterated organic growth of approximately 3% to 4%, reported sales growth to decline approximately 1.5% to 0.5% due to 2025 portfolio actions; expected four-year gross margin expansion of ~100 basis points vs 2025; adjusted EPS expectation 5% to 8% growth. - Second quarter: Expected reported sales decline ~1%, organic sales growth ~3%, gross margin expansion ~50 basis points, adjusted EPS $0.88 per share
Segment performance
U.S. consumer business: Organic sales increased 5.4%, primarily volume-driven, with brands like TheraBreath, Arm & Hammer, Hero, and OxiClean leading growth; global e-comm represents ~24% of total consumer sales. Litter: Arm & Hammer cat litter consumption grew 6.8% with share at 24.6%; OxyClean share declined but trends improved; TheraBreath had record share gains; Hero consumption growth outpaced category. Touchline: Consumption grew low double digits but impacted by prior holiday multi-pack sell-through. International: Organic sales growth at 3.7%, driven by GMG and subs, led by TheraBreath, Hero, and Batiste brands, partially offset by lower Middle East regional sales
Risks & headwinds
- Middle East situation creates incremental volume and inflationary pressure on commodities and transportation costs, estimated $25 to $30 million incremental inflation pressure
Analyst Q&A
Q: Chris Carey asked about distribution gains and Q1's impact on go-forward top-line, volume-driven results.
A: Q1 had phenomenal organic growth, with tailwind from inventory and retail inventory dynamics, distribution gains at ~10% to 11% which is double CPG peers.
Q: Chris Carey followed up on Touchline growth sustainability.
A: Consumption slowed partly due to holiday gift sets and club class channel, but still expect double-digit growth for full year with great ratings and low household penetration.
Q: Anna Lazul asked about portfolio actions, Touchline channels, and M&A focus.
A: Team always looking for M&A, Touchline channels like club class and Amazon doing well, portfolio viewed positively.
Q: Rupesh Parikh asked about updated organic sales growth expectations by segment and consumer behavior.
A: Maintaining 3% to 4% outlook, U.S. ~3%, international ~7% (softer due to Middle East), SPD ~5%; consumer behavior shows promotional levels up in laundry but value segment growing.
Q: Javier Escalante asked about commodity backdrop, oil derivatives in COGS, and gross margin expansion.
A: $25 to $30 million full-year impact from Middle East conflict on commodities, primarily oil-based derivatives; team focused on productivity to offset, outlook reiterated.
Q: Olivia asked about top-line positive surprises and growth in club and online channels.
A: Broad-based improvement across globe, strong performance online and in club class with great brands.
Q: Lauren Lieberman asked about consumer's ability to absorb pricing.
A: Consumer pressed, no plans to raise prices, will offset headwind with productivity.
Q: Steve Powers asked about external dynamics and pricing in different portfolio parts.
A: $25 to $30 million headwind offset by productivity; if higher, look at RGM on promotions, then potential pricing; consumer not receptive to price increases at current levels.
Q: Andrea asked about inventory dynamics and pricing to mitigate costs.
A: 25 to $30 million headwind offset by productivity; normal sequence of actions for higher costs.
Q: Peter Grom asked about category growth and evolution.
A: Category growth in quarter was ~3%, better than expected, many categories growing 2.5% to 3%