CHD · 10-Q · 2026Q3 · Full report

Supply Chain And Inventory

CHURCH & DWIGHT CO INC /DE/ · 2026-10-30 · Importance 42 · Surprise 40

Inventory increased to $632.3 million at September 30, 2026 from $534.8 million at December 31, 2025, an increase of about 18.2%; finished goods rose to $468.7 million from $356.1 million. The company said it purchases the majority of its sodium-based raw material requirements through a supplier partnership, with an annual commitment to buy 240,000 tons at prevailing market prices. It also had approximately $336.9 million of commitments for raw materials, packaging supplies, services, licensing and promotion, intended in part to support responses to changes in customer orders or requirements.

Key facts

• As of September 30, 2026, the Company had approximately $336.9 million of commitments, including purchases of raw materials, packaging supplies and services at market prices and costs associated with licensing and promotion agreements. source
• The U.S. Supreme Court ruled on February 20, 2026 that IEEPA tariffs were unlawful but did not establish a refund process. source
• Based on current conditions, the Company expects to mitigate a significant portion of Middle East conflict impacts in 2026. source
• Under its sodium-based raw material partnership, the Company has an annual commitment to purchase 240,000 tons at the prevailing market price. source
• To mitigate trade-policy impacts, the Company has exited certain business lines, shifted production and manufacturing operations, sought alternative suppliers, selectively raised prices, adjusted inventories and sought tariff exemptions. source
• The Company implemented supplier diversification, alternative routing and incremental productivity programs in response to Middle East conflict-related disruption. source
• The Company’s inventory was $632.3 million at September 30, 2026, compared with $534.8 million at December 31, 2025. source
• Payments under the supply chain finance programs included in operating activities were $362.4 million for the nine months ended September 30, 2026, compared with $298.9 million in the same period of 2025. source