For the first quarter, net earnings were $123 million, compared to $129 million in the year-ago period. Sales increased 4% to $1.09 billion. Volume growth of 4% was driven by new products and all-time record shipments of Clorox disinfecting wipes, according to company executives.
The company generated $216 million cash from operations during the quarter.
Clorox expects sales growth of 3-5% in the second quarter.