Church & Dwight jumps after upbeat annual forecast

Shares of Trojan condom maker Church & Dwight CHD.N gain about 7% at $87.41

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

Stock set for best day since July 2020, if gains hold

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