Church & Dwight continues to see difficult, challenging environment in 2012
Says "Consumer spending and category growth is expected to remain weak due to high unemployment and consumer uncertainty. Commodity prices are expected to continue to increase in 2012 and competition will remain fierce." :theflyonthewall.com
Church & Dwight sees FY12 EPS $2.41-$2.43 vs. consensus $2.41
Says guidance is an increase of 14%-15% on a reported basis, and 9%-10%, excluding the deferred tax valuation allowance charge of 9c in 2011. :theflyonthewall.com