Kingsford Charcoal Sales Down Sharply in a Bad Sign For Grill Season

Sales of Kingsford charcoal are a good indicator of how much people are grilling. Charcoal is a key part of grilling season, and Kingsford is very dominant in the charcoal market. That being said, Kingsford sales were down significantly for the most important grilling months of the year.

Clorox, the parent company of Kingsford, just reported Q4 earnings. That’s the quarter ended in June for them, and where they do about 50% of their sales for the year. Unfortunately, that category was down on revenue from the high single digits into double digits.