Consumer
Clorox Raises Guidance After Quarterly Sales Top Estimates
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Clorox Co. raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover from a 2023 hack that disrupted operations.
Net sales are seen rising as much as 2% for the company’s current fiscal year, the maker of Formula 409 cleaner said Monday — up from a previous outlook that the measure would be unchanged from the prior year or decline as much as 2%.