Clorox (CLX) Tops Q2 EPS by 3c; Updates Outlook

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Clorox Reports Q2 Fiscal Year 2017 Results; Updates Fiscal Year 2017 Outlook Behind Strong Sales Growth

February 3, 2017 6:30 AM EST

OAKLAND, Calif., Feb. 3, 2017 /PRNewswire/ -- For its second quarter ending Dec. 31, 2016, The Clorox Company (NYSE: CLX) today reported sales growth of 5 percent and flat diluted net earnings per share (EPS) from continuing operations of $1.14, which includes an 11-cent noncash charge related to the Aplicare business as discussed below. 

"I'm very pleased with the results we're reporting today, the highlight being we delivered our second consecutive quarter of 8 percent volume growth. This is the highest volume increase we've seen in nearly 10 years, with gains in each of our... More