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December 14, 2001
By: TOM BRANNA
Editor
Clorox Co. on Friday said its fiscal second quarter and full year 2002 earnings would be better than expected due to stronger sales in several businesses, the latest upbeat outlook from a consumer products company.But Clorox also warned that third-quarter profits would fall short of Wall Street forecasts due to the timing of some cost savings and expenses related to a new product launch. The entire consumer products sector rose earlier this week after Clorox rival Procter & Gamble Co. said ...
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