Clorox (CLX) Tops Q1 EPS by 14c
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Clorox Reports 3 Percent Sales Growth and 20 Percent EPS Growth in Q1; Confirms Fiscal Year 2016 Outlook
November 2, 2015 6:30 AM ESTOAKLAND, CA -- (Marketwired) -- 11/02/15 -- The Clorox Company (NYSE: CLX) today reported sales growth of 3 percent and a 20 percent increase in diluted net earnings per share (EPS) from continuing operations for its first quarter, which ended September 30, 2015. On a currency-neutral basis, first-quarter sales grew 6 percent.
Our strategy continues to drive profitable growth, with strong sales increases in all our U.S. businesses and margin expansion in each of our business segments, including International, said Chief Executive Officer Benno Dorer. Notably, increased brand investment, including product innovation, is delivering meaningful value to consumers,... More
