Church & Dwight falls on weak guidance


Shares of Church & Dwight (CHD -2.8%) slide after the company's Q2 report.

Investors are likely concerned with Q3 EPS guidance of $0.73 which is $0.03 shy of consensus.

Perhaps also weighing on shares is management's cautious commentary about the business environment, which CEO James Craigie describes as "challenging" and "difficult." (PR)

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