Clorox (CLX) Falls Sharply as COVID-19 Demand Wanes
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Clorox Reports Fourth Quarter and Fiscal Year 2021 Results, Provides Fiscal Year 2022 Outlook
August 3, 2021 6:30 AM EDTOAKLAND, Calif., Aug. 3, 2021 /PRNewswire/ --Â The Clorox Company (NYSE: CLX) reported a 9% sales decrease and a 68% decrease in diluted net earnings per share (diluted EPS) for its fourth quarter, which ended June 30, 2021. For fiscal year 2021, the company reported sales growth of 9% and a 24% decrease in diluted EPS.
"Fiscal year 2021 was an extraordinary year for Clorox, with the pandemic putting us through the test of volatility, including rapid changes in consumer demand and inflationary pressure, which is reflected in our fourth quarter results," said CEO Linda Rendle. "It... More
