Company News

Clorox Raises Earnings Outlook

Author Image

By: TOM BRANNA

Editor

Clorox Co. raised its fiscal first-quarter earnings outlook on the strength of continued cost cuts and increased confidence in its product offering. The maker of household bleach, Glad bags and other consumer products on Wednesday said it now expects earnings of 52 cents to 55 cents a share for the quarter ending Sept. 30, up from an August estimate of 50 cents to 52 cents a share. The mean estimate of analysts surveyed by Thomson First Call was for earnings of 51 cents a share. Clorox’s y...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters