Church & Dwight (CHD) official guidance

The Company expects full-year capital expenditures to be approximately $125 million or 2% of sales.

Capital expenditures were $61.8 million in the first half, and we continue to expect full-year capital expenditures of approximately $130 million or roughly 2% of sales.

We continue to expect full-year capital expenditures for the full year to be approximately $130 million or 2% of sales.

We expect 2026 capital expenditures of approximately $130 million or approximately 2% of sales.

We expect 2026 capital expenditures of approximately $130 million, approximately 2% of sales.

The Company expects full-year capital expenditures to be approximately $125 million or 2% of sales.

Capital expenditures were $61.8 million in the first half, and we continue to expect full-year capital expenditures of approximately $130 million or roughly 2% of sales.

Capital expenditures for the period were $31.9 million, and we continue to expect full-year capital expenditures to be approximately 2% of sales.

We expect 2026 capital expenditures of approximately $130 million or approximately 2% of sales.

We expect 2026 capital expenditures of approximately $130 million, approximately 2% of sales.

“Our adjusted tax rate is expected to be approximately 21%.

“Our adjusted tax rate is now expected to be approximately 21% (previously 21.5%).

Our expected adjusted effective tax rate for the year remains at 21.5%.

Our adjusted tax rate is expected to be approximately 21.5% versus our adjusted tax rate of 22.3% in 2025.

Our adjusted tax rate is expected to be approximately 21.5% versus our adjusted tax rate of 22.3% in 2025.

We are raising our adjusted EPS outlook to a growth rate of 6%-8%, versus our prior expectation of 5%-8%.

Our adjusted EPS expectation for 2026 remains at 5%-8% growth.

Our Adjusted EPS expectation for 2026 is 5% to 8% growth, driven by expected growth in all divisions, continued TOUCHLAND momentum and gross margin expansion.

Overall adjusted EPS is expected to increase 17% to 19% versus last year.¹

“Full-year adjusted gross margin expansion is now expected to be approximately 100 basis points, inclusive of the incrementally higher transportation costs.

We now expect to adjust gross margin expansion of approximately 100-120 basis points for the year.

“Full-year adjusted gross margin is now expected to expand approximately 100 to 120 basis points. Volume growth, productivity, and favorable mix from our acquisitions and portfolio actions are expected to fully offset inflation, transportation and tariff-related costs.

“Adjusted gross margin is expected to expand approximately 100 basis points from 2025.

“Marketing as a percentage of sales is expected to be approximately 11% of sales reflecting the Company’s continued commitment to brand investment.

Marketing investments is now expected to be at or above 11% of sales as we invest behind our brands and continue supporting our growth initiatives.

“Marketing as a percentage of sales is now expected to be at or above 11% of sales reflecting our increased level of brand investment.

Marketing as a percentage of sales remains at approximately 11%.

Marketing as a percentage of sales is expected to be approximately 11%, in line with our evergreen model.

Gross margin improvement of about 100 basis points, continue to invest in marketing at 11%, and ultimately, that's an EPS outlook of 5%-8% for 2026.

Marketing as a percentage of sales is expected to exceed 11%.

“Our Cash flow from operations outlook remains approximately at $1.175 billion.

We also now expect cash from operations of approximately $1.175 billion, up from $1.15 billion.

“Cash flow from operations is now expected to be approximately $1.175 billion (previously $1.150 billion) reflecting our improved earnings outlook.

“Cash flow from operations is expected to be approximately $1.15 billion this year, with higher working capital to support growth in our recent acquisitions.

And then again, we expect to have another strong year with cash flow, you know, $1.15 billion.

“Cash flow from operations is expected to be approximately $1.15 billion with higher working capital to support double digit growth in our recent acquisitions.

We are raising our full-year organic sales outlook to approximately 4%-5%, up from the prior outlook of 3%-4%.

We are raising our organic sales growth to approximately 4% to 5%, from our prior expectations of 3% to 4%, reflecting our strong first half growth performance and our confidence in continued momentum during the second half of the year.

We remain on track to deliver full-year organic growth of approximately 3%-4%,

“We continue to expect volume driven organic sales growth of approximately 3% to 4%. ¹ We continue to expect reported sales to decline approximately 1.5% to 0.5%, due entirely to the portfolio actions in 2025.

“In 2026, we expect volume driven organic sales growth of approximately 3% to 4%.¹ This sales outlook is expected to be industry leading and reflects the strength of our brands and our stronger go forward brand portfolio.

We expect organic sales growth of approximately 4.0%¹ and continued gross margin expansion.

“We continue to expect SG&A as a percentage of sales to remain above 2025 levels, reflecting the impact of the TOUCHLAND and MISS MOUTH’S acquisitions and our targeted investments in growth initiatives, AI, ecommerce and our international business.

“We continue to expect SG&A as a percentage of sales to remain above 2025 levels, reflecting the impact of the TOUCHLAND and MISS MOUTH’S acquisitions and our targeted investments in growth initiatives, AI, ecommerce and our international business.

SG&A as a percentage of sales will be higher than last year, reflecting the impact of the Touchland acquisition in the first half of the year and our focused growth investments.

We expect SG&A as a percentage of sales to remain higher when compared to 2025, reflecting the impact of the TOUCHLAND acquisition in the first half of the year and our focused investments on new growth initiatives, ecommerce and our international business.

“We expect SG&A as a percentage of sales to be higher compared to 2025, reflecting the impact of TOUCHLAND and our focused investments on new growth initiatives, ecommerce and our international division.

| Diluted Earnings Per Share - Adjusted (non-GAAP) | $ 3.74 to 3.81 | | $ | 3.53 |

Diluted Earnings Per Share - Adjusted (non-GAAP) | $ 3.71 to 3.81

| Diluted Earnings Per Share - Reported | $ 3.61 to 3.68 | | $ | 3.02 |

Diluted Earnings Per Share - Reported | $ 3.57 to 3.67

We also have raised our reported sales to approximately flat to 1% growth, versus our prior view of a sales decline of approximately 1.5% to 0.5%.

we continue to expect reported sales growth to decline approximately 1.5%-0.5% as a result of the strategic portfolio actions taken in 2025.

“We continue to expect volume driven organic sales growth of approximately 3% to 4%. ¹ We continue to expect reported sales to decline approximately 1.5% to 0.5%, due entirely to the portfolio actions in 2025.

You know, reported sales will be down -1.5% to -0.5%. That's solely the business exits.

We expect reported sales to decline approximately 1.5% to 0.5%, due entirely to the businesses exited in 2025.