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February 11, 2003
By: TOM BRANNA
Editor
Household products maker Clorox Co. on Tuesday said quarterly profit rose a better-than-expected 75% as cost-cutting and sales growth in North America helped offset declines in Latin America. The Oakland, CA-based maker of Clorox bleach, Armor All auto care products and Glad plastic bags raised its fiscal 2003 earnings outlook, citing the strong performance in the first half of the period.Clorox posted profit of $89 million, or $0.40 a share, in the fiscal second quarter ended Dec. 31, compared ...
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