Strong Q3 Performance
Church & Dwight reported a significant Q3 performance with organic sales growth of 3.4%, exceeding the outlook of 1% to 2%. Adjusted EPS was $0.81, $0.09 higher than the $0.72 outlook.
Growth in Key Brands
THERABREATH mouthwash, ARM & HAMMER cat litter, and TROJAN condoms were key contributors to growth, with THERABREATH consumption growing 17% and ARM & HAMMER liquid laundry detergent consumption up 1.9%.
Successful Acquisition of TOUCHLAND
TOUCHLAND, recently acquired, showed strong growth in Q3, with consumption growing double digits, exceeding initial expectations.
International Sales Growth
International business delivered sales growth of 8.4% in the quarter with organic sales up 7.7% due to higher volume, price, and mix.
Improved Cash Flow
Cash flow from operations in Q3 increased by 19.6% to $435.5 million, with year-to-date share repurchases reaching $600 million.