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Clorox’s Cleaning Business Cleans Up in Q1

Record shipments of Clorox disinfecting wipes and branded products.

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By: Christine Esposito

Editor-in-Chief

The Clorox Company reported sales growth of 4% and an increase of 3% in diluted net earnings per share (EPS) from continuing operations for its first quarter ended September 30, 2016. On a currency-neutral basis, first-quarter sales grew 6%.   In the first quarter, volume grew 8%, reflecting increases in all reportable segments, including the benefit of the RenewLife digestive health business, which Clorox acquired in May 2016. Total company sales grew 4%, driven by strong volume growth, inclu...

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