By Sabela Ojea Clorox said sales jumped in its fiscal second quarter as it recovered from a cyber attack that led to product shortages, and raised its.
Clorox Co. shares climbed 6.7% in extended trading Thursday amid the bleach and cleaning products maker’s rebound from last year’s cybersecurity attack that.
The U.S. firm reports lower than expected sales in fiscal Q3.
Clorox gave weak guidance for the full financial year on Friday.
Clorox Co. (NYSE: CLX) said on Friday its sales missed estimates in the fiscal third quarter. The company swung to a loss in Q3 attributed to a pre-tax non-cash impairment charge related to its Better Health Vitamins, Minerals and Supplements business. Clorox gave weaker-than-expected guidance for the full year on Friday
1. Financial performance
Clorox reported £44.15 million of net loss in the third quarter that translates to 35.47 pence per share. In the comparable quarter of last year, it had posted £174.44 million of earnings, or £1.37 per share.