Analytical Reports on Clorox Corporation and Ecolab Inc. - Input Costs Impacting Cleaning Products Market, Latin America Perf...
November 14 2011 - 8:05AM
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The Cleaning Products Market has been performing well recently,
as quarterly sales figures from a number of companies such as
Clorox Corp. and Ecolab Inc. have increased. Price increases and
product innovation along with strong international sales all
contributed to the gains. However, one major problem currently
affecting the industry is an increase in cost of goods sold which
has been driven up by high input costs. www.SignalWatcher.com gives
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Clorox has managed better than others, as cost savings and
higher volume helped to reduce the negative impact of input costs.
The company also cited positive growth out of China and Argentina.
Latin America has been targeted by many as a prime site for product
expansion, and Ecolab is one of the companies that has been doing
well in the region. Although the company reported growth in the
area, it was not enough to counter rising input costs, and the
company posted a decline in its third quarter earnings over the
same period last year.
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