Breaking News

Clorox Reports Strong

March 9, 2006

Growth in 2Q
● The Clorox Company announced that strong sales growth and cost savings contributed to solid results for the company’s fiscal second quarter, which ended Dec. 31, 2005.
Second-quarter sales grew 6% to $1.06 billion. Volume grew 2%, primarily due to increased shipments of home care products, institutional products and Latin American products. Also contributing to volume growth were increased shipments of Glad trash bags and Kingsford charcoal products.
“I’m very pleased with our second-quarter performance,” said chairman and chief executive officer Jerry Johnston. “Each of our business segments delivered 6% sales growth on top of company sales growth of 9% in the year-ago quarter. We feel positive about the initial response to our recent price increases and are excited about our third-quarter product launches, including Clorox Anywhere Hard Surface sanitizing spray and Kingsford charcoal with Sure Fire Grooves. Overall, our brands are healthy and we feel confident in our ability to execute our strategies over the long term.”

blog comments powered by Disqus
  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Crowning Glory

    Crowning Glory

    Christine Esposito , Associate Editor||February 3, 2016
    Celebrity stylists and experts from leading hair care brands talk about the ingredients and formats driving the styling sector.

  • Electric Slide

    Electric Slide

    Melissa Meisel, Associate Editor||February 3, 2016
    Skin care devices bring anti-aging to the next level