Clorox
cleans up
w huge price hikes
Chemicals maker loses mkt
share, but inflates profits
Clorox Company, the $7Bn in sales, cleaning brands giant, reported sinking sales volumes over compensated by double-digit price increases in Q4'23. Complacent ceo Linda Rendle's "strong results" claim was boosted by inflated pricing power, but for how long?
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