Why Is Church & Dwight Stock Gaining Today? - Church & Dwight Co (NYSE:CHD)

Core Insights - Church & Dwight Company, Inc. reported third-quarter adjusted earnings per share of 81 cents, exceeding the analyst consensus estimate of 74 cents [1] - Quarterly sales reached $1.585 billion, reflecting a 5% year-over-year increase, surpassing the expected $1.536 billion [1] Financial Performance - Organic sales increased by 3.4%, driven by a volume growth of 4%, partially offset by negative pricing and mix of 0.6% [2] - The Domestic Division experienced a 2.3% organic growth, with four out of eight power brands gaining market share [2] - The International Division's organic growth was 7.7%, supported by broad-based share gains across subsidiaries and the Global Markets Group [3] - The Specialty Products Division also reported strong performance with an organic sales growth of 4.2% [3] Marketing and E-commerce - The company increased its marketing investment as a percentage of sales by 50 basis points compared to the previous year, contributing to consumption and share gains [4] - Global online sales accounted for 23% of total consumer sales in the third quarter, up from 21% the previous year [4] Margins and Operations - Reported and adjusted gross margins were 45.1%, with reported margins falling by 10 basis points year-over-year, while adjusted margins rose by 10 basis points, exceeding the outlook by 110 basis points [4] - Adjusted income from operations totaled $270.6 million, reflecting a $3.4 million increase or 1.3% [5] Debt and Cash Position - As of September 30, total debt stood at $2.2 billion, with cash on hand amounting to $305.3 million [5] Future Outlook - The company tightened its fiscal year 2025 adjusted earnings per share outlook to $3.49, compared to the analyst view of $3.47 [6] - Church & Dwight anticipates approximately $1.2 billion in cash from operations for the year [6] - The projected fourth-quarter adjusted earnings per share is $0.83, below the analyst consensus of $0.90 [6] Stock Performance - CHD shares increased by 6.41% to $86.97 as of the latest trading session [6]