Church & Dwight Co.'s (CHD) reported earnings Tue 7 Aug 2012

Church & Dwight Co.'s (CHD, $52.09, -$3.61, -6.48%) second-quarter earnings fell 3.3% as increased sales of lower-margin household products put a damper on modest sales growth. Shares slumped Tuesday after the company forecast current-quarter earnings below Wall Street expectations, raising questions about the price competition it is facing from rivals like Procter & Gamble Co. (PG, $66.12, +$0.31, +0.47%).

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