Clorox and P&G products are so popular during the pandemic that the companies are struggling to meet demand. Clorox Wipes might not be fully stocked on store shelves until next year, and cleaning sales accounted for 30% of Clorox's fiscal year 2020 sales.
Clorox Co. and Proctor & Gamble Co. have seen sales for their hygienic and cleaning products skyrocket during the COVID-19 pandemic, with both consumer goods giants struggling to keep up with demand.
“While we’ve been able to add significant capacity, demand still far exceeds supply, leading to continued out-of-stocks for many products.” MarketWatch reached out to Clorox for details about availability of Clorox Wipes and received a statement that reiterates Chief Executive Benno Dorer’s comments, from the earnings call.
“Clorox continues to chase demand for disinfecting products and is still prioritizing shipments to healthcare facilities, which has caused some stock-outs on retail shelves and therefore share losses,” wrote Linda Bolton Weiser, D.A. Davidson senior research analyst.P&G PG, +0.
The company is also working to get inventory for Swiffer and dish soap products, which includes Dawn, back up after a sharp rise in demand, Taylor said. The company hasn’t accomplished that just yet.
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