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Clorox

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Reuters - 1 week ago

Clorox tries to sell loss-making vitamins business -sources

Clorox tries to sell loss-making vitamins business -sources By Abigail Summerville March 24 (Reuters) - Bleach maker Clorox Co CLX.N has been seeking to divest its vitamins, minerals and supplements (VMS) business after efforts to scale it led to major losses, according to four people familiar with the situation. The VMS business represents just 3% of Clorox's total net sales, yet in 2021 it forced it to take a $267 million writedown, equivalent to 57% of its most recent annual net earnings, as
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Reuters - 3 weeks ago

Few signs of US companies curbing profits after Powell says it could cool inflation

Few signs of US companies curbing profits after Powell says it could cool inflation By Jessica DiNapoli NEW YORK, March 9 (Reuters) - Federal Reserve Chair Jerome Powell said this week inflation could fall if companies curbed their profits - but the biggest U.S. retailers and consumer products makers have reported one key measure of profitability hardly budging in recent years.
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Reuters - 1 month ago

To raise prices or not? Consumer goods makers weigh bets while retailers fret

ANALYSIS-To raise prices or not? Consumer goods makers weigh bets while retailers fret Updates story from February 20; updates headline, recasts top, adds comments from Walmart and General Mills executives By Jessica DiNapoli Feb 21 (Reuters) - Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co CLX.N wipes and Diet Pepsi are likely to remain steady , as manufacturers make differing bets on the strength of the con
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Reuters - 1 month ago

REUTERS NEWS SCHEDULE AT 11:00 a.m. GMT/6:00 a.m. ET

REUTERS NEWS SCHEDULE AT 11:00 a.m. GMT/6:00 a.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 11:00 a.m. GMT/6:00 a.m. ET . For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES GLOBAL UKRAINE-CRISIS/ Biden makes unannounced trip to Kyiv ahead of war's anniversary KYIV, Feb 20 (Reuters) - U.S.
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Reuters - 1 month ago

To raise prices or not? Consumer goods makers weigh bets on buyer strength

ANALYSIS-To raise prices or not? Consumer goods makers weigh bets on buyer strength By Jessica DiNapoli Feb 20 (Reuters) - Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co CLX.N wipes and Diet Pepsi are likely to stay steady , as manufacturers make differing bets on the strength of the consumer and their brands.
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