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Cleaning sales decreased double digits primarily due to lapping significant demand in the year-ago period amid COVID-19.
February 4, 2022
By: Lianna Albrizio
Associate Editor
Net sales for The Clorox Company declined 8% to $1.7 billion in the second quarter, which ended Dec. 31, 2021, the company reports. In the year-ago quarter, net sales increased 27%, equating to an increase of 19% on a two-year stack basis. The decline in net sales reflects a 10-point decline in volume and two points of favorable price mix. Year-to-date net cash provided by operations declined 65% to $222 million, compared to $629 million in the year-ago period. Net...
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