Church & Dwight Co., Inc. · CHD · FY2024 Q3 · Calendar Q4 2024
Church & Dwight: Q3 Beat, Innovation Gains, Vitamin Weakness
The supplied analysis supports a measured constructive view: volume growth, innovation, market-share gains and international momentum supported Q3 performance, but the vitamin business, consumer-category deceleration, promotion and commodity costs temper the case for durable earnings growth.
Earnings scorecard
Reported versus consensusMarket reaction
prior-close to event-session closeAsk FN2 about CHD FY2024 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior quarter, the supplied analysis shows guidance sentiment moving from lowered to maintained. The current analysis highlights a Q3 beat, a $357 million vitamin-business impairment, marketing spend above 11% of sales and continued innovation-led growth, while U.S. consumption remains a concern.
Guidance delta
Maintained: the supplied analysis says management reaffirmed full-year guidance for approximately 4% organic growth and approximately 3.5% reported growth.
Key takeaways
- Q3 sales and EPS beat expectations, with organic growth led by volume.
- New products and market-share gains supported performance across laundry, litter and personal care.
- The vitamin business remains a weakness after a $357 million impairment, while management remains cautious on U.S. consumption.
- Marketing spend rose above 11% of sales, with digital advertising representing about 85% of spend.
Management priorities
- Introduce new vitamin innovations in 2025.
- Continue expanding THERABREATH and HERO into additional international markets.
- Maintain marketing spend above 11% of sales to support innovation.
- Execute approximately $180 million of 2024 capital expenditure, returning to approximately 2% of sales in 2025.
- Complete the SAP/ERP upgrade planned for early 2025.
Follow CHD with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Barclays | Underweight | Underweight | Maintain | Oct 16, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Oct 5, 2026 |
| UBS | Neutral | Neutral | Maintain | Aug 3, 2026 |
| TD Cowen | Hold | Hold | Maintain | Aug 3, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Aug 3, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Aug 3, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 16, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | May 4, 2026 |
| Rothschild & Co | Neutral | Sell | Upgrade | Feb 13, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Feb 2, 2026 |
| Jefferies | Buy | Buy | Maintain | Feb 2, 2026 |
| Raymond James | Outperform | Market Perform | Upgrade | Jan 5, 2026 |
| Deutsche Bank | Buy | Buy | Maintain | Dec 10, 2025 |
| Argus Research | Buy | Buy | Maintain | Dec 4, 2025 |
| Oppenheimer | Outperform | Outperform | Maintain | Oct 21, 2025 |
| B of A Securities | Buy | Buy | Maintain | Oct 8, 2025 |
| Truist Securities | Buy | Buy | Maintain | Jun 6, 2025 |
| Stifel | Hold | Hold | Maintain | Feb 3, 2025 |
| Piper Sandler | Overweight | Overweight | Maintain | Feb 3, 2025 |
| HSBC | Hold | Hold | Maintain | May 3, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Mar 4, 2024 |
| Atlantic Equities | Neutral | Underweight | Upgrade | Feb 6, 2023 |
| Credit Suisse | Outperform | Neutral | Upgrade | Jan 17, 2023 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 15, 2020 |
| Bank of America | Buy | Buy | Maintain | Dec 19, 2019 |
| Stifel Nicolaus | Hold | Hold | Maintain | Aug 1, 2019 |
| Macquarie | Outperform | Outperform | Maintain | Mar 29, 2019 |
| BMO Capital | Market Perform | Market Perform | Maintain | Nov 2, 2018 |
| Societe Generale | Hold | Buy | Downgrade | Aug 7, 2018 |
| BTIG Research | Buy | Buy | Maintain | Nov 19, 2014 |
| KeyBanc | Hold | Hold | Maintain | Dec 16, 2013 |
| Credit Agricole | Outperform | Underperform | Upgrade | Feb 6, 2013 |
| Wellington Shields | Buy | Hold | Upgrade | Aug 24, 2012 |
| Gabelli & Co. | Hold | Buy | Downgrade | Feb 8, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $105.19. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Barclays | Lauren Lieberman | $83 | $103.08 | -21.1% | Oct 16, 2026 |
| UBS | Peter Grom | $106 | $104.29 | +0.8% | Oct 15, 2026 |
| RBC Capital | Nik Modi | $115 | $100.51 | +9.3% | Aug 3, 2026 |
| Cowen & Co. | Robert Moskow | $97 | $100.49 | -7.8% | Aug 3, 2026 |
| Morgan Stanley | Dwight to | $112 | $101.27 | +6.5% | Aug 3, 2026 |
| UBS | Analyst unavailable | $107 | $101.3 | +1.7% | Aug 3, 2026 |
| Jefferies | Kaumil Gajrawala | $115 | $98.81 | +9.3% | Aug 3, 2026 |
| Goldman Sachs | Analyst unavailable | $111 | $95.63 | +5.5% | May 29, 2026 |
| UBS | Analyst unavailable | $100 | $93.5 | -4.9% | May 4, 2026 |
| RBC Capital | Analyst unavailable | $114 | $93.68 | +8.4% | May 4, 2026 |
| Deutsche Bank | Analyst unavailable | $109 | $93.61 | +3.6% | May 4, 2026 |
| Evercore ISI | Analyst unavailable | $105 | $93.99 | -0.2% | May 4, 2026 |
| RBC Capital | Dwight to | $112 | $96.16 | +6.5% | Apr 9, 2026 |
| Wells Fargo | Analyst unavailable | $110 | $101.45 | +4.6% | Feb 17, 2026 |
| Redburn Partners | Edward Lewis | $91 | $100 | -13.5% | Feb 13, 2026 |
| Morgan Stanley | Analyst unavailable | $105 | $97.66 | -0.2% | Feb 2, 2026 |
| Wells Fargo | Analyst unavailable | $105 | $96.25 | -0.2% | Feb 2, 2026 |
| UBS | Analyst unavailable | $92 | $89.1 | -12.5% | Jan 14, 2026 |
| Wells Fargo | Analyst unavailable | $92 | $82.69 | -12.5% | Jan 5, 2026 |
| Raymond James | Olivia Tong | $100 | $82.64 | -4.9% | Jan 5, 2026 |
| Jefferies | Kaumil Gajrawala | $102 | $84.55 | -3.0% | Dec 16, 2025 |
| Deutsche Bank | Steve Powers | $100 | $82.63 | -4.9% | Dec 10, 2025 |
| Argus Research | Analyst unavailable | $102 | $84.18 | -3.0% | Dec 4, 2025 |
| Barclays | Analyst unavailable | $82 | $86.28 | -22.0% | Nov 4, 2025 |
| Oppenheimer | Analyst unavailable | $100 | $88.08 | -4.9% | Oct 21, 2025 |
| Redburn Partners | Edward Lewis | $83 | $98.05 | -21.1% | Jul 14, 2025 |
| Truist Financial | Bill Chappell | $110 | $99.16 | +4.6% | Jun 6, 2025 |
| Barclays | Analyst unavailable | $97 | $108.39 | -7.8% | Mar 27, 2025 |
| Jefferies | Kaumil Gajrawala | $108 | $102.96 | +2.7% | Nov 4, 2024 |
| Piper Sandler | Korinne Wolfmeyer | $120 | $103.52 | +14.1% | Sep 23, 2024 |
| Evercore ISI | Javier Escalante | $101 | $100.08 | -4.0% | Aug 5, 2024 |
| BMO Capital | Phillip Jungwirth | $115 | $53.51 | +9.3% | Jun 3, 2024 |
| CFRA | Ana Garcia | $114 | $105.82 | +8.4% | May 3, 2024 |
| HSBC | Alejandro Zamacona | $110 | $105.88 | +4.6% | May 3, 2024 |
| Oppenheimer | Rupesh Parikh | $120 | $105.95 | +14.1% | Apr 23, 2024 |
| Argus Research | Taylor Conrad | $115 | $100.4 | +9.3% | Feb 23, 2024 |
| Barclays | Lauren Lieberman | $76 | $91.96 | -27.7% | Nov 3, 2023 |
| Morgan Stanley | Dara Mohsenian | $114 | $91.48 | +8.4% | Oct 23, 2023 |
| Truist Financial | Bill Chappell | $105 | $94.44 | -0.2% | Aug 28, 2023 |
| Deutsche Bank | Analyst unavailable | $91 | $83.29 | -13.5% | Feb 6, 2023 |
| Morgan Stanley | Analyst unavailable | $92 | $82.9 | -12.5% | Feb 6, 2023 |
| J.P. Morgan | Analyst unavailable | $81 | $81.55 | -23.0% | Jan 13, 2023 |
| Wells Fargo | Analyst unavailable | $90 | $80.96 | -14.4% | Jan 3, 2023 |
| Argus Research | John Stasak | $78 | $72.59 | -25.8% | Nov 7, 2022 |
| Deutsche Bank | Steve Powers | $85 | $73.35 | -19.2% | Oct 5, 2022 |
| Jefferies | Analyst unavailable | $98 | $77.74 | -6.8% | Sep 14, 2022 |
| Deutsche Bank | Analyst unavailable | $90 | $80.66 | -14.4% | Sep 7, 2022 |
| Barclays | Analyst unavailable | $73 | $80.23 | -30.6% | Sep 7, 2022 |
| Goldman Sachs | Analyst unavailable | $93 | $86.87 | -11.6% | Aug 3, 2022 |
| Barclays | Analyst unavailable | $76 | $88.6 | -27.7% | Aug 2, 2022 |
| Truist Financial | Analyst unavailable | $100 | $88.29 | -4.9% | Aug 1, 2022 |
| Deutsche Bank | Analyst unavailable | $93 | $89.6 | -11.6% | Aug 1, 2022 |
| UBS | Analyst unavailable | $98 | $87.94 | -6.8% | Aug 1, 2022 |
| Morgan Stanley | Analyst unavailable | $82 | $87.86 | -22.0% | Aug 1, 2022 |
| J.P. Morgan | Analyst unavailable | $86 | $92.54 | -18.2% | Jul 21, 2022 |
| Wells Fargo | Chris Carey | $95 | $85.91 | -9.7% | Jun 21, 2022 |
| Barclays | Analyst unavailable | $77 | $88.75 | -26.8% | May 23, 2022 |
| Barclays | Analyst unavailable | $81 | $97.56 | -23.0% | May 2, 2022 |
| Barclays | Lauren Lieberman | $86 | $103.01 | -18.2% | Jan 13, 2022 |
| Wells Fargo | Christopher Carey | $100 | $102.26 | -4.9% | Jan 5, 2022 |
| Oppenheimer | Rupesh Parikh | $110 | $98.57 | +4.6% | Dec 20, 2021 |
| UBS | Peter Grom | $89 | $87.16 | -15.4% | Nov 1, 2021 |
| Morgan Stanley | Dara Mohsenian | $80 | $86.35 | -23.9% | Apr 19, 2021 |
Track every rating change on CHD the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationChurch & Dwight Co., Inc. is a company dedicated to the creation, production, and marketing of a diverse portfolio encompassing household, personal care, and specialized industrial goods. Its operations are structured into three principal divisions: Consumer Domestic, Consumer International, and the Specialty Products Division. The company offers a broad array of well-known consumer brands. Under the ARM & HAMMER umbrella, it provides cat litters, carpet fresheners, laundry detergents, baking soda, and various other baking soda-based items. Sexual health products, including condoms, lubricants, and vibrators, are marketed under the TROJAN brand. OXICLEAN delivers stain removers, cleaning solutions, laundry detergents, and bleach alternatives. SPINBRUSH offers both battery-operated and manual toothbrushes. Home pregnancy and ovulation test kits are available through FIRST RESPONSE. NAIR specializes in depilatories, while ORAJEL provides oral pain relief. XTRA is another prominent laundry detergent brand.…
Historical context
All CHD earningsConsumer Defensive peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PG The Procter & Gamble Company | FY2027 Q1 · Calendar Q4 2026 | +6.4% | +5.6% | P&G: Volume Growth Supports FY2027 Guidance Despite Cost Headwinds |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the CHD recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-25T14:50:41.977935+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T14:50:41.975071+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.