Why Analysts Expect Clorox’s Fiscal 3Q18 Earnings to Stay Flat
The profitability of consumer packaged goods manufacturers is taking a hit from the inflation in raw material prices. Alongside lower pricing, packaging and transportation costs pose additional challenges. Two of the industry leaders—Procter & Gamble (PG) and Kimberly-Clark (KMB)—reported YoY (year-over-year) improvement in their earnings. However, margin headwinds and price competition remained a drag on their growth.