Management reduced its fiscal year outlook.Clorox (CLX -5.57%) investors were seeing red on Wednesday morning. The consumer staples stock fell 6% in early morning trading while the S&P 500 declined just 0.3%. That drop added to a tough period for shareholders, with Clorox down 16% in the past full year compared to a 20% surge in the wider market.Wednesday's early decline came after management updated its 2024 outlook following another tough quarter on sales.Sales are downClorox said in a premarket earnings ...