Shares of household products maker Church & Dwight Co., Inc. (CHD) were falling more than 7% Friday morning to trade at $88.77.
The company provided third quarter EPS outlook of $0.65 per share, a 19% decrease from last year, impacted by inflation, higher expected SG&A and promotional support.
Analysts, on average, expect the company to report earnings of $0.86 per share.
For the full year, Church & Dwight expects sales growth to be approximately 4% to 5% compared with previous outlook of 5% to 8%. The consensus estimate stands at 6.4% growth.
Net income in the second quarter declined to $187.1 million or $0.76 per share from $218.3 million or $0.87 per share in the same quarter a year ago.
Net sales for the quarter increased to $1.325 billion from $1.271 billion last year.
Analysts expect the company to report earnings of $0.72 per share on revenue of $1.34 billion.
CHD has traded in the range of $80.34-$105.28 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.