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Clorox Reports 4% Sales Gain in Q2

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By: TOM BRANNA

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The Clorox Company reported 4 percent sales growth and 79 cents diluted earnings per share (EPS) from continuing operations in its fiscal second quarter, which ended Dec. 31, 2011. Excluding the Burt’s Bees noncash goodwill impairment charge in the year-ago quarter, diluted EPS from continuing operations increased 16%. “We delivered strong second-quarter results,” said Chairman and Chief Executive Officer Don Knauss. “We grew sales for the fourth consecutive qua...

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