Church & Dwight: Uncertain Whether FY24 Guidance Can Be Met

MoMo Productions/DigitalVision via Getty Images Summary I am neutral on Church & Dwight Co. (NYSE:CHD). My summarized thesis is that CHD's share price is going to stay rangebound for the near term until there are positive data points to lend credence to CHD being able to meet its FY24 organic sales guidance. As of today, the mixed macro outlook, poor July volume growth data, and uncertain underlying consumption rates for new products make it hard to determine whether CHD can meet its guidance. As such, I th ...