Clorox Sees Margin Hit from Middle East Conflict, Consumer Pressure

Kingsford’s parent company, Clorox, released earnings today for their quarter ended in March. It’s a little early for much news directly related to Kingsford, but Clorox always has their finger on the pulse of the consumer.

They already were seeing value seeking behavior in previous quarters, but that’s turned up another notch with the conflict in the Middle East. It’s hurting consumers and it’s hurting input costs for Clorox.