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August 7, 2002
By: TOM BRANNA
Editor
The Clorox Company, Oakland, CA, exceeded analysts’ consensus estimates for its fourth quarter and fiscal year ended June 30. An improvement in earnings per diluted share compared with the prior year was driven by improvement in the company’s operating profit due to strong gross margin results and lower administration expenses and a lower tax rate, executives said.“We’re extremely pleased with the results we delivered for the quarter and full year, especially given econom...
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