Demand for cleaning liquids, soaps and other hygiene products has skyrocketed as consumers try everything they can to avoid catching the virus. A Costco customer buys Clorox cleaning supplies in Ridgeland, Mississippi in March. Clorox saw sales surge as people stockpiled the popular disinfectantClorox posted its biggest rise in quarterly sales in a decade. Clorox's net sales rose 15 percent to $1.78 billion in the third quarter ended March 31, the biggest increase in quarterly sales since June 2010, according to Refinitiv data. Clorox forecast full-year sales to rise between 4 percent and 6 percent, compared with a prior forecast of a low single-digit decrease to a 1 percent increase.
Source: Daily Mail May 01, 2020 14:37 UTC