Clorox Q2 Earnings Preview: Can Price Increases Offset Inflationary Pressure?
Clorox (NYSE: CLX) thrived at the onset of the pandemic when folks were suddenly spending a lot more time at home. That created a surge in demand for the company's products, primarily used at home.
Now that economies are reopening and people are leaving their houses more often, sales are declining. On top of that headwind, Clorox is grappling with inflationary pressure that hurts profit margins.
When Clorox reports fiscal 2022 second-quarter earnings on Feb. 3, investors will want to hear more details on how effectively management is implementing price increases to offset inflation on inputs.
Source Fool.com
