Clorox (CLX) Reports Q2 Revenue About In-Line with Views

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Clorox Reports Q2 Fiscal Year 2018 Results; Raises EPS Outlook for Tax Reform

February 2, 2018 6:30 AM EST

OAKLAND, Calif., Feb. 2, 2018 /PRNewswire/ -- The Clorox Company (NYSE: CLX) reported sales growth of 1 percent and diluted net earnings per share from continuing operations (diluted EPS) of $1.77 for its second quarter of fiscal year 2018, which ended Dec. 31, 2017. Diluted EPS results reflect a benefit of 61 cents from a significantly lower effective tax rate in the second quarter as a result of U.S. corporate tax reform.

"We're very pleased that halfway through the fiscal year, we're on track to achieve our sales outlook," said Chairman and CEO Benno Dorer.... More