From Yahoo Finance: 2025-05-05 16:20:00

Clorox has trimmed its annual sales forecast due to weak consumer demand and economic uncertainty from President Trump’s tariffs. Net sales fell 8% to $1.67 billion, missing estimates. CEO Linda Rendle cites “heightened macroeconomic uncertainties” affecting shopping behaviors. Adjusted profit was $1.45 per share, lower than analysts’ expected $1.57 per share. Peers like Procter & Gamble and Colgate-Palmolive are raising prices on select products to offset trade war costs.

Read more: Clorox cuts annual sales forecast as consumer demand weakens amid economic uncertainty