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Clorox Expects Double-Digit Second Quarter Earnings

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By: TOM BRANNA

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The Clorox Company, Oakland, CA, updated its earnings per share outlook for its fiscal second quarter ending Dec. 31, 2002, and confirmed its outlook for the fiscal year ending June 30, 2003. The company also announced that the first phase of “Project Delta,” a multi-year initiative to upgrade major business processes and systems, is now up and running and well on track.For the second quarter, as previously announced, Clorox continues to expect low-single-digit volume and sales growt...

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