Church & Dwight Boosts FY23 Net Sales Growth Outlook From 6-7% To ~8%; Organic Sales Growth Guidance From 3-4% To ~5%
Portfolio Pulse from Benzinga Newsdesk
Church & Dwight has increased its FY23 net sales growth outlook from 6-7% to approximately 8%. The company has also raised its organic sales growth guidance from 3-4% to around 5%.
July 28, 2023 | 10:58 am
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POSITIVE IMPACT
Church & Dwight's raised FY23 net sales and organic sales growth outlooks could potentially lead to a positive impact on its stock price.
Church & Dwight's raised sales outlooks indicate a positive future performance expectation. This could attract investors, potentially leading to an increase in demand for the stock and thus a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100