The Clorox Company notes profit increase
November 2, 2009
OAKLAND, CA — The Clorox Company recently released its fiscal first-quarter earnings, which included a 23 percent increase in profits, according to the Associated Press.
Profits rose from $128 million in the year-ago quarter to the current $157 million, the story stated.
Total sales were $1.37 billion, beating $1.34 billion sales expectations from analysts polled by Thomson Reuters, the story noted.
Clorox attributes its profit increase to consumers purchasing disinfecting products because of worries about the flu, the story added.
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