Clorox (CLX) Guides for Q4 and FY08
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Clorox Company (NYSE: CLX) provided preliminary financial information for its fourth quarter and fiscal year, which ended June 30, 2008. Fourth-quarter sales are expected to be in the range of 10-11 percent, including approximately 3 percentage points of growth from the Burt’s Bees acquisition, which was completed in late calendar year 2007.
Fourth quarter diluted EPS is expected to be in the range of $1.10-$1.13. The consensus is $1.10.
he company now anticipates fiscal 2008 diluted EPS in the range of $3.22-$3.25, versus previously provided outlook of $3.20 to $3.28. The consensus is $3.22.
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