10-K · February 12, 2026
Church & Dwight reported modest top-line growth with expanding profitability in 2025: net sales rose 1.6% to $6,203.2 million and operating margin improved to 17.4%, driving diluted EPS to $3.02. The company generated…
Earnings analysis · 10-Q
CHD earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
Church & Dwight Co., Inc. reported a slight rise in Q1 2026 net sales to $1,469.3M, an increase of 0.2% year-over-year, alongside diluted EPS growth of 2.2% to $0.91. Despite positive developments in gross profit and…
Read full summary
Church & Dwight Co., Inc. reported a slight rise in Q1 2026 net sales to $1,469.3M, an increase of 0.2% year-over-year, alongside diluted EPS growth of 2.2% to $0.91. Despite positive developments in gross profit and margins, operating income declined, reflecting rising SG&A and marketing expenses. Segment performance varied, with net sales growth in Consumer International and Specialty Products but a decline in Consumer Domestic.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.91
- Segment
- Consumer Domestic
- Segment
- Consumer International
- Segment
- Specialty Products
What stood out
-
Net Sales Increase
Net sales reached $1,469.3M, up 0.2% from $1,467.1M in Q1 2025.
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EPS Growth
Diluted EPS rose 2.2% to $0.91 compared to $0.89 in the prior year.
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Gross Margin Improvement
Gross margin increased from 45.0% to 46.4%, a 140 basis point improvement.
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Consumer International Growth
Consumer International segment net sales increased 4.6% to $273.9M compared to $261.9M.
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Specialty Products Division Growth
SPD net sales rose 3.1% to $77.7M, benefiting from sodium bicarbonate and animal nutrition.
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Reduced Tax Rate
Effective tax rate dropped to 20.7% from 22.0% year-over-year.
What to watch
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Increased SG&A Expenses
SG&A expenses surged 10.2% to $251.0M from $227.7M, impacting income from operations.
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Commodity Inflation Impact
Higher manufacturing costs increased pressures, detracting 180 bps from gross margin.
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Product Line Exits
Exiting certain product lines resulted in an 8.1% sales impact, primarily in the Consumer Domestic segment.
Management's outlook
Full year reported sales forecasted to decline between 1.5% to 0.5%; adjusted EPS growth projected at 18% to 22%.
Earlier filings 4
10-Q · October 31, 2025
Church & Dwight reported Q3 net sales of $1,585.6 million, up $75.0 million or 5.0% year-over-year, and diluted EPS of $0.75 versus a loss of $(0.31) in Q3 2024. Operating margin recovered to 16.1% (from (6.1)% a year…
10-Q · May 1, 2025
Church & Dwight reported Q1 net sales of $1,467.1 million, down 2.4% versus $1,503.3 million a year ago, with gross margin contracting 70 bps to 45.0% and diluted EPS of $0.89 (down 4.3% vs $0.93). Consumer Domestic…
10-Q · November 1, 2024
Church & Dwight reported modest top-line growth with net sales up 3.8% year-over-year to $1,510.6 million and gross margin expansion of 80 basis points to 45.2% for Q3 2024. However, a $357.1 million non‑cash impairment…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.