Clorox Raises Fiscal 2027 Input Cost Inflation Estimate to $240 Million

Clorox expects about $240 million in input cost inflation for fiscal 2027, $40 million above its estimate at the start of the year, adding pressure to a profit outlook already near the low end of its range. Chief Financial Officer Luc Bellet gave the updated estimate during the Nov. 2 earnings call. “We now expect input cost inflation for the fiscal year to be about $240 million,” he said. The estimate is about 2.5 times Clorox’s historical annual average. Bellet identified commodities and transportation costs as the main drivers of the increase.

Source: TokenPost