Church & Dwight Hits 52-Week High After Q3 Beat, $1 Billion Buyback and Raised Organic Sales Outlook

Church & Dwight posted third-quarter net sales of $1.602 billion, a 1.0% increase that exceeded the company's own guidance of a 1% decline. Organic sales rose 5.1%, well above the company's 3% outlook, with growth across all three divisions driven in part by the 2025 strategic portfolio actions. Adjusted earnings per share beat Wall Street consensus estimates by $0.02, a 2.22% positive surprise.

On the strength of those results, the company raised its full-year 2026 organic sales growth outlook to approximately 5% and narrowed its net sales growth target to 0.5%, firming up a figure within its prior guidance range of flat to 1% growth. For the fourth quarter, Church & Dwight guided for adjusted EPS growth of 17% to 19%. The company also authorized a new $1 billion share repurchase program.

Shares rose roughly 3% to 4% in early trading and touched a 52-week high of $110.50 on the news. Separately, the company announced that Jonathon J. Nudi was elected to serve as an independent director effective January 1, 2027, expanding the board to 12 members.