CHD Stock Hurt by Consumption Slowdown & High Marketing Costs
Church & Dwight(CHD) ZACKS·2024-10-09 00:06
Church & Dwight Co., Inc. (CHD) appears in a troubled spot. The company is facing challenges related to volatile consumer spending in the current environment. Increasing marketing expenditure and weakness in the gummy vitamins business are also a concern for the company's overall performance. These downsides are reflected in Church & Dwight's guidance for the third quarter and 2024. Reflecting the negative sentiment, the Zacks Consensus Estimate for the current quarter and full year has seen downward revisi ...