Raise Price of disinfecting wipes in 2022
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- Mar 18,2022
Summary
US cleaning supplies Clorox recently announced that it will implement a new price increase for approximately 50% of its product portfolio in November, and implement a new price increase for 70% of its products before the end of fiscal year 2022 , To ease inflationary pressures.
US cleaning supplies Clorox recently announced that it will implement a new price increase for approximately 50% of its product portfolio in November, and implement a new price increase for 70% of its products before the end of fiscal year 2022 , To ease inflationary pressures.
Clorox CEO Linda Lundell said on the company's first-quarter earnings conference call on Monday that three factors have contributed to its price increase-rising commodity prices, transportation problems, and labor.
She said: "This is related to the three things we have seen. The pressure on commodities is one of them. Of course, there is additional pressure on resin. Hurricane Ida has extended the resin curve for a month or two, so we see Sustaining impact. Transportation issues are still a negative driver, and we see that this situation will continue for the rest of the fiscal year. In addition, although there is no direct significant impact, given the pressure we see there, we The workforce is being closely monitored."
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