Church & Dwight Co. Inc. lowers its full-year guidance on expectations that slower sales at retail in June and July than in the first five months of the year point to still slower results for the rest of the year.
Recent Trends Lower C&D’s Full-Year Outlook, Longer Trends Trouble Gummy Vitamins’ Future
Church & Dwight’s slower sales at retail in June-July than in January-May point to still slower results for rest of year. It doesn’t expect second-half help from gummy vitamin lines or give them a full vote of confidence for remaining in portfolio.
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