SPY389.58+9.22 2.42%
DIA315.59+6.14 1.98%
IXIC13,588.83+396.48 3.01%

DJ Clorox Wipes Won't Be Fully Stocked Until Year's End -- Market Talk

· 02/04/2021 16:17

16:10 ET - Clorox says its namesake disinfecting wipes won't be fully in stock until the end of 2021, about six months later than the company initially expected. Pandemic-fueled demand continues to outpace the company's ability to make wipes, despite moves over the last year to double capacity. In the meantime, Clorox has lost share to smaller, relatively-unknown rivals that capitalized on its inability to meet soaring demand. Clorox shares closed off 6% today. (sharon.terlep@wsj.com)

(END) Dow Jones Newswires

February 04, 2021 16:17 ET (21:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.