Company News, Financial News

Clorox Narrows First-Quarter View

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By: TOM BRANNA

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Clorox Co. cut its earnings forecast for the current fiscal year due to rising energy-related costs driven by recent hurricanes. The Oakland-based maker of bleach and other household products also plans price increases on about 40% of its products. Clorox lowered forecast for earnings from continuing operations for the fiscal year that ends in June to between $2.91 and $3.06 a share. It had earlier expected earnings of $3 to $3.11 a share. However, Clorox raised its forecast for the fiscal fir...

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