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Clorox Boosts Outlook After Quick Rebound From Cyberattack

Clorox Boosts Outlook After Quick Rebound From Cyberattack
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Bleach maker Clorox lifts annual sales, profit forecasts on faster inventory recovery

(Reuters) -Clorox raised its annual targets on Thursday, after handily beating quarterly earnings expectations, as the bleach maker replenished inventory at a faster pace after a production blip in 2023, putting it back on track to meet robust demand. The company's shares jumped about 8% in extended trading, after it said it was rebuilding retailer inventories ahead of schedule and recouping market share losses, bouncing back from a cyberattack in August that hampered its ability to fulfill orders. "We made a lot more progress, more quickly than we anticipated. we lost less sales (in the quarter) because we had product back in retailer stores more quickly," CFO Kevin Jacobsen said in an interview.

Bleach maker Clorox lifts annual sales, profit forecasts on faster inventory recovery

Bleach maker Clorox lifts annual sales, profit forecasts on faster inventory recovery
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Clorox Announces Feb 1 Webcast of Second-Quarter Fiscal Year 2024 Results

OAKLAND, Calif., Jan. 10, 2024 /PRNewswire/ The Clorox Company will issue its second-quarter fiscal year 2024 results on Feb. 1, 2024. Timing for the announcement will be as follows: 1:15 p.m..

Clorox Announces Feb 1 Webcast of Second-Quarter Fiscal Year 2024 Results

Clorox Announces Feb 1 Webcast of Second-Quarter Fiscal Year 2024 Results
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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