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Why Clorox Continues to Disappoint on Margins

Why Clorox Continues to Disappoint on Margins

Clorox (CLX) continues to disappoint investors with its sluggish margin performance. The trend is likely to continue in the near term. Branded consumer packaged goods manufacturers in the United States are grappling with increased costs related to raw materials and packaging. Higher transportation costs, exacerbated by carrier supply restraints and driver shortages, are further pressuring profitability.