Breaking News

Clorox Raises 2005 Earnings Estimates

November 22, 2005

The Clorox Company raised its fiscal 2005 earnings estimates, citing the effects of a shares exchange earlier this year with Henkel KGAA. For the fiscal year ending June 30, Clorox predicted earnings, excluding items, of $2.65-2.76 a share, versus its previous estimate of $2.58-2.66 a share.
Clorox executives said earnings excluding items will be $0.51-0.55 a share for the second quarter ending Dec. 31, up from previous estimates of $0.48-0.52 a share.
Executives also announced Procter & Gamble Co. will pay $133 million to raise its stake to 20% in Clorox’s Glad brand in January.
blog comments powered by Disqus
  • What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 24, 2016
    Euromonitor weighs in on the implications for consumer product companies.

  • Henkel Grabs the Sun

    Henkel Grabs the Sun

    Ian Bell, Euromonitor International||June 24, 2016
    Euromonitor's Ian Bell on the impact the purchase will have on the US detergent industry.

  • To The Max

    To The Max

    Melissa Meisel, Associate Editor||June 20, 2016
    Velvet 59 is on the rise at locations like Ricky’s NYC.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.