Church & Dwight Co Inc
CHD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $98.00 | Kssb | Qxldjkh |
Even as Sales Inflate, We See Little to Suggest Church & Dwight Is Gaining a Competitive Edge
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Business Strategy and Outlook
Throughout the pandemic, social distancing and COVID-19-related pantry stocking led to impressive sales growth for Church & Dwight, at 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 firm's historical low- to mid-single-digit sales growth rate.