Clorox (CLX) Tops Q2 EPS by 15c, Updates FY Guidance

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Go back to Clorox (CLX) Tops Q2 EPS by 15c, Updates FY Guidance

Clorox Reports Q2 Fiscal Year 2020 Results, Updates Fiscal Year Outlook

February 4, 2020 6:30 AM EST

OAKLAND, Calif., Feb. 4, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) reported a sales decrease of 2% and an increase in diluted net earnings per share (diluted EPS) of 4% for its second quarter of fiscal year 2020, which ended Dec. 31, 2019.

"I feel good about the progress we're making, which is reflected in our second-quarter results, particularly the fifth consecutive quarter of gross margin expansion and sequential improvement in organic sales1," said Chair and CEO Benno Dorer. "We have confidence we're taking the right steps as we expect to return to... More