Church & Dwight Surpasses Q3 Expectations: Strong Sales Growth And Brand Investments Fuel Gains

Church & Dwight Co (NYSE:CHD) shares are trading higher in the morning session on Friday.

The company reported a third-quarter adjusted earnings per share of 79 cents, beating the street view of 68 cents. Quarterly revenues of $1.51 billion beat the analyst consensus of $1.495 billion.

Net sales increased by 3.8%, with domestic sales rising by 3.3% and international sales growing by 9.5%, while sales in the SPD segment down by 8.0%.

Organic sales grew by 4.3%, driven by a 3.3% increase in domestic sales, an 8.1% rise in international sales, and a 7.5% increase in the SPD segment.

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Consumer Domestic net sales reached $1.170 billion, reflecting a 3.3% increase primarily driven by growth in personal care sales. Consumer International net sales rose to $267.7 ...