Church & Dwight jumps after upbeat annual forecast

Shares of Trojan condom maker Church & Dwight CHD.N gain about 4% at $84.90 premarket

Co hikes 2025 sales, profit forecast on solid demand for its everyday essentials such as mouth wash, detergent and condoms

Expects annual adjusted EPS growth of about $3.49, compared with the midpoint of $3.47 it forecast previously

Sees FY net sales to grow about 1.5%, up from its prior range of flat to 2% rise

Q3 sales of $1.59 billion surpassed analysts' estimate of $1.54 billion, adjusted EPS of $0.81 also beat estimates, as per data compiled by LSEG

Up to last close, stock was down nearly 22% YTD