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Clorox Reports First Quarter Results

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By: TOM BRANNA

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The Clorox Company today announced earnings before special charges of $108 million, compared with earnings of $100 million, a year ago. Despite the improvements, the company said it would cut more jobs in the coming months.Overall volume in the first quarter increased 6% over the prior-year period, reflecting growth in all business segments. Sales for the quarter increased 3% to $991 million. Excluding the impact of foreign currencies, sales would have posted a 4% gain.“First-quarter volum...

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