Church & Dwight Q2 sales rise 3.9%, EPS $0.99; raises gross margin and cash outlook
Church & Dwight reported second-quarter 2024 net sales of $1,511.2 million, up 3.9%, and reported EPS of $0.99, up from $0.89, with adjusted EPS of $0.93 above its $0.83 outlook. The company raised its full-year adjusted gross margin expansion and cash flow from operations outlook, but tightened its organic sales growth outlook to about 4% and expects lower adjusted EPS in the third quarter.
Key points
- Q2 net sales were $1,511.2 million, up 3.9% from $1,454.2 million a year earlier; organic sales rose 4.7%.
- Reported EPS was $0.99 and adjusted EPS was $0.93, which includes a one-time tariff ruling gain of $26.1 million in gross profit.
- Full-year cash from operations outlook was raised to about $1.08 billion from $1.05 billion; adjusted gross margin expansion outlook raised to 100 to 110 basis points.
- Full-year organic sales growth outlook was lowered to about 4% from 4-5%; Q3 adjusted EPS is expected at $0.67, down about 10% from last year.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 02, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.