Church & Dwight Co Inc
CHD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $66.00 | Vzsfw | Jxrbyzsrl |
Demand Remains Elevated for Church & Dwight, but Cost Pressures Show No Signs of Abating
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Business Strategy and Outlook
Throughout the pandemic, social distancing and COVID-19-related pantry stocking have led to impressive sales growth for Church & Dwight (similar to peers), up around a mid-single-digit clip each quarter on an organic basis. But we expect industry promotional activity to ramp up as the supply-demand imbalance is rectified. As such, we anticipate a reversion to the low- to mid-single-digit sales rate the firm has historically chalked up.