Clorox beats Wall Street expectations but posts big volume losses after two years of price increases.
Consumers may have reached a price increase breaking point. Volumes are down 21% in some of Clorox's most valuable categories.
3 min read
Clorox is a $6 billion consumer products company that primarily operates in the cleaning category. Clorox's major brands include Clorox bleach, Formula 409, and Liquid-Plumr. The company owns various packaged food and household brands, including Burt's Bees, Glad, and Hidden Valley. Clorox is a premium brand, regularly delivering gross margins above 30%.2 posts
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