Quartz·1 min read·medium
Clorox warned of a tough fiscal 2027 as inflation and value-seeking shoppers weigh on outlook
✦AI Summary
Clorox has issued a cautious outlook for fiscal 2027, citing persistent inflation and changing consumer spending habits. The company expects growth to be primarily driven by its recent Purell acquisition.
The cleaning products maker expects adjusted earnings per share of $5.70 to $6.00 for the year, with most sales growth coming from its Purell acquisition
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