Church & Dwight drops on seeing FY earnings at lower end of forecast
** Shares of condom maker Church & Dwight CHD.N down 4% at $96 premarket
** Co says it expects FY sales and profit at the lower end of its forecast as consumers turn cautious on spending
** Co expects FY adjusted profit growth at lower end of projected 8%-9% range
** Sees annual organic sales to grow by 4%, compared with prior forecast range of 4%-5%
** "... Differently from prior periods CHD acknowledged a slowdown in growth in its categories, as evident in scanner data trends," Citi Research says in a note
** However, co tops Q2 estimates for profit and posts in-line revenue
** As of last close, stock up 5.8% YTD
Reporting by Granth Vanaik in Bengaluru
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