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Clorox cuts earnings forecast on higher commodity, freight costs

April 30 (Reuters) - Clorox Co cut its full-year earnings per share forecast on Friday and forecast a drop in gross margins for the year, due to higher manufacturing, commodity and logistics costs.

The company projected diluted earnings per share of $5.94 to 6.14 per share, compared with $8.05 to $8.25 per share earlier. (Reporting by Siddharth Cavale in Bengaluru; Editing by Saumyadeb Chakrabarty)

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