MarketPR
Clorox (CLX) enters fiscal 2027 carrying an above-$200 million supply-chain cost headwind and a roughly 42% full-year gross margin target, with the company flagging the first half as the period of peak pressure and the back-half recovery as the milestone the tape can verify.
Fourth-quarter fiscal 2026 results and fiscal 2027 guidance arrived Monday alongside disclosure that CEO Linda Rendle's successor search is progressing with an external search firm, after Rendle informed the board in May of her intent to step down because of personal health challenges.
She told analysts she is cancer-free. The cost structure Chief Financial Officer Luc Bellet put fiscal 2027 inflation above $200 million, comparing it to a historical annual range of $75 million to $100 million.
The guidance uses Brent crude oil at roughly $90 per barrel on average.
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