Company News, Financial News

Financial News

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By: TOM BRANNA

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Clorox Delivers Solid Fiscal 2009, 4Q Results Clorox reported solid earnings growth driven by stable sales and strong gross margin expansion for its fourth quarter and fiscal year 2009 ended June 30, according to the company. Fourth-quarter 2009 net earnings increased 8% to $170 million. Sales were unchanged at $1.5 billion, compared with the year-ago quarter. “I’m extremely pleased with our strong performance in the fourth quarter, especially given continued economic pressure on consum...

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