Church & Dwight Cuts 2025 Outlook After Q1 Miss

Church & Dwight reported first-quarter 2025 results that beat earnings estimates but saw adjusted EPS decline year over year to $0.91, while revenue of $1.47 billion missed expectations and fell from the prior year. The company cited slowing U.S. market growth, consumer caution, retailer inventory reductions, and higher manufacturing costs, with organic sales down 1.2% and gross margins contracting. Management lowered its 2025 sales and earnings outlooks, now projecting full-year organic sales growth of only 0%-2%, down from a previous 3%-4% target. Shares dropped 5-6% following the results and guidance cut. Church & Dwight also warned of $190 million in gross tariff costs for the year and projected flat or slightly declining sales for the next quarter. The company remains cautious on near-term prospects amid continued macroeconomic uncertainty.