Clorox Reports Q4 and Fiscal Year 2020 Results, Provides Fiscal Year 2021 Outlook
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Clorox (CLX) Tops Q4 EPS by 42c, Offers Outlook
August 3, 2020 6:31 AM EDTClorox (NYSE: CLX) reported Q4 EPS of $2.41, $0.42 better than the analyst estimate of $1.99. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.87 billion.
Clorox Provides Fiscal Year 2021 Outlook
Flat to low single-digit increase in sales (flat to low single-digit increase in organic sales growth)Mid-single-digit decrease to mid-single-digit increase in diluted EPSClorox believes it is important to provide management's current business perspective and financial outlook for fiscal year 2021, recognizing there is significant uncertainty about future COVID-19 impacts related to various areas of its business. Although the... More
