Prepare to pay more for diapers, Clorox, and cat litter
February 12, 2019

From the Wall Street Journal:

Makers of household staples from diapers to toilet paper are set to raise prices again this year after already hiking prices in 2018, hoping to offset higher commodity costs and boost profits.

Church & Dwight recently increased prices for about one-third of its products, including Arm & Hammer cat litter and baking soda, and some OxiClean cleaning products.

"The good news is that competitors are raising [prices] in those categories as we speak," Church & Dwight Chief Executive Matthew Farrell said on a conference call last week when the company reported higher quarterly sales and lower profits.

The company is now discussing more price increases with retailers, including for personal-care products, Mr. Farrell told analysts Tuesday.

Church & Dwight is one of several consumer-goods companies, including Procter & Gamble, Colgate-Palmolive, and Clorox, that have raised prices—or pledged to do so—in response to higher costs of raw materials and transportation, as well as unfavorable foreign-currency swings...

Continue reading at the Wall Street Journal...

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