Guidance+1
Current guidance was classified as raised.
Low confidenceEarnings thesis change · rubric v1.0
CHD CHURCH & DWIGHT CO INC /DE/
Fiscal Q3 FY2026 · quarter ended September 30, 2026 · reported 2026-10-30
SEC filings and exhibits only
Earnings filing (8-K) · Latest 10-Q filings
Last updated: Oct 30, 2026 at 7:02 PM UTC
Earnings filing (8-K) · Latest 10-Q filings
Last updated: Oct 30, 2026 at 7:02 PM UTC
ACCOUNTING RISK · CLEAR
No auditor changes, restatements, late filings, or listing notices in the last 12 months.
from SEC filings · 2026-10-09
Thesis change
Strengthened
Legacy analysis
Legacy analysis: only the dimensions classifiable by the pre-v1 pipeline are shown.
- Legacy analysis: scored by the pre-v1 pipeline; deep evidence has not been re-verified.
- 5 thesis dimension(s) lack comparable evidence
Reported facts
GAAP facts are reported by the company. Comparable figures are EarnIQ arithmetic using only quantified adjustments disclosed in the linked SEC exhibit.
Reported EPS and revenue have not yet been extracted from the filing.
Earnings quality
From 10-Q / 10-K XBRL filings. Sloan (1996) accruals: high accruals relative to assets have historically preceded earnings disappointments. Descriptive research, not a prediction.
Good — cash is doing the heavy lifting
Earnings look cash-backed — accruals are -3.4% of assets, in the strongest quintile of large caps.
CY2024Q3Accruals / assets (TTM)CY2026Q2
Depreciation is disclosed annually by most filers, so quarterly values blend actuals with estimates — flagged on every reading. Method: TTM Sloan accruals ÷ average assets, scored 1–5 by quintile.
1. Three decisive changes
Largest quantified changes versus the company's own history.
-7.9%
Net income — year over year
$202.8M vs $220.1M a year ago · quarter ended Jun 30, 2026 · from 10-Q XBRL filings.
-6.4%
Operating income — year over year
$276.4M vs $295.3M a year ago · quarter ended Jun 30, 2026 · from 10-Q XBRL filings.
+5.2%
Gross profit — year over year
$693.9M vs $659.6M a year ago · quarter ended Jun 30, 2026 · from 10-Q XBRL filings.
2. Was it already expected?
Consensus classifications require timestamped pre-report snapshots and eight-quarter surprise history.
| Item | Actual | Expected | Gap | Class |
|---|---|---|---|---|
| Consensus comparison coming soon. | ||||
3. Management consistency
Only attributable, measurable and dated commitments are counted. Delivery record: 5 being tracked.
| Promise | Target | Outcome | Status | Evidence |
|---|---|---|---|---|
| Cash From Operations ~$1.175 Billion for full year 2026other · made 2026-10-30 | ~$1.175 BillionFull Year 2026 | — | Pending | 8-K 0001193125-26-4398 |
| Adjusted EPS approximately +7% for full year 2026eps · made 2026-10-30 | +7%Full Year 2026 | — | Pending | 8-K 0001193125-26-4398 |
| Adjusted Gross Margin expansion of approximately 100 bps for full year 2026margin · made 2026-10-30 | +100 bpsFull Year 2026 | — | Pending | 8-K 0001193125-26-4398 |
| Organic Sales Growth approximately +5% for full year 2026revenue · made 2026-10-30 | +5%Full Year 2026 | — | Pending | 8-K 0001193125-26-4398 |
| Net Sales approximately +0.5% for full year 2026revenue · made 2026-10-30 | +0.5%Full Year 2026 | — | Pending | 8-K 0001193125-26-4398 |
4. What matters next
One deciding measurable condition plus up to two supporting checkpoints.
No source-backed deciding threshold is available yet.
Management raised full-year organic sales growth to approximately 5% and tightened full-year Adjusted EPS growth to approximately 7%.
5. Risks that changed
New or materially worsened items only; unchanged boilerplate is omitted.
No new or materially worsened risk has been source-verified.
From 10-K filings · EDGAR
72
new risk disclosures added
105
old ones removed
FY2025 10-K vs prior year, boilerplate filtered out — these are idiosyncratic changes, and tone is slightly more negative.
New risk disclosure #1
“Failure to comply with applicable privacy, cybersecurity, or data protection requirements, or failure to prevent or promptly detect and remediate a security incident, could materially and adversely affect our business, f…”
New risk disclosure #2
“We have incurred, and will continue to incur, expenses to comply with privacy and data protection standards and protocols imposed by law, regulation, industry standards and contractual obligations. Increased regulation o…”
New risk disclosure #3
“regulations, increased enforcement activity, and changes in interpretation of laws, could increase our cost of compliance and operation, limit our ability to grow our business or otherwise harm our business.…”
6. Evidence drawer
Source location, short anchor and visible arithmetic for every verified claim.
DC1 10-Q / 10-K XBRL filings (US-GAAP, via EDGAR)
Net income · quarter ended 2026-06-30Net income: -7.9% year over year
(202,800,000 − 220,100,000) ÷ 220,100,000 = -7.9% YoYDC2 10-Q / 10-K XBRL filings (US-GAAP, via EDGAR)
Operating income · quarter ended 2026-06-30Operating income: -6.4% year over year
(276,400,000 − 295,300,000) ÷ 295,300,000 = -6.4% YoYDC3 10-Q / 10-K XBRL filings (US-GAAP, via EDGAR)
Gross profit · quarter ended 2026-06-30Gross profit: +5.2% year over year
(693,900,000 − 659,600,000) ÷ 659,600,000 = +5.2% YoY