Church & Dwight Improves On Meeting Demand, But Doesn’t Deliver Better Full-Year Forecast

Lowers full-year forecast for reported sales growth to 4% to 5% from an earlier estimate of 5% to 8% despite improving to 89% on meeting demand during the April-June period from 80% during Q1.

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Church & Dwight Co. Inc. improved on meeting demand for its products during the latest quarter but not enough that it didn’t continue leaving sales untapped or lower its full-year guidance again.

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