Clorox profit up as flu season boosts sales of wipes
Feb 4 (Reuters) - Clorox Co posted higher quarterly profit, as a severe flu season boosted sales of disinfecting wipes, and as sales were also helped by a new concentrated version of its namesake bleach.
The company also raised its full-year sales forecast to an increase of 3 percent to 5 percent, from a previous forecast calling for a 2 percent to 4 percent rise.
The company, which also makes Brita water filters and Burt's Bees skin care products, earned $123 million, or 93 cents per share, in the fiscal second quarter ended Dec. 31, compared with a profit of $105 million, or 79 cents per share, a year earlier.
Sales rose 9 percent to $1.33 billion.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video