Church & Dwight Co. Inc.’s sales volumes in its latest quarter increased for the first time in two years and it expects larger volumes ahead for sales drivers Hero acne patches and TheraBreath mouthwash, but also notes increases in other areas, inflation and interest rates, could slow its results.
Volume Returns As Church & Dwight Sales Driver With Economic Headwinds Not Ready To Leave
Higher costs and interest rates due to inflation as well as higher credit card debt point toward consumers spending less in areas including health, personal and household care products. C&D is “well-positioned for this trade down” with 40% of its portfolio in value products, says CEO Matthew Farrell.
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