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October 30, 2002
By: TOM BRANNA
Editor
Clorox Co. posted an 84% jump in its fiscal first- quarter net income, led by strong sales and volume growth in North America. The household-products maker, best known for its namesake bleach line, also Wednesday announced plans to sell its business in Brazil.For the period ended Sept. 30, Clorox saw its net income surge to $145 million, or 65 cents a share, from $79 million, or 33 cents a share, a year earlier.Clorox’s earnings easily exceeded its revised forecast. In September, the compa...
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