Clorox Cuts Margin Outlook as Higher Costs Hit Consumer Staples

Clorox Co. cut its margin outlook after reporting its weakest gross margin in three years, as the maker of Fresh Step cat litter and Glad trash bags grapples with soaring...

By Ann Gehan · Bloomberg

Clorox Co. cut its margin outlook after reporting its weakest gross margin in three years, as the maker of Fresh Step cat litter and Glad trash bags grapples with soaring costs.