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0.00236832621119281 0.00150697626525252 0.00653863975698904 0.00612675693765123 0.0020403645162951 0.00499407918447201 0.00934459146372856 0.00131339134016372
Stock impact report

UPDATE 3-Bleach boom lifts Clorox outlook after best sales growth in a decade [Reuters]

Clorox Company (The) (CLX) 
Last clorox company (the) earnings: 5/1 06:30 am Check Earnings Report
Company Research Source: Reuters
Bleach boom lifts Clorox outlook after best sales growth in a decade (Reuters) - Clorox Co ( CLX.N ) posted its biggest rise in quarterly sales in a decade and raised its annual forecast on Friday as it reaped the benefits of soaring demand for bleach and other disinfectants during the COVID-19 pandemic, sending its shares up. Demand for cleaners and other hygiene products has skyrocketed as consumers try everything possible to avoid catching the virus, which has now infected more than 3.2 million people globally, according to a Reuters tally. Clorox has been running its factories around the clock to keep up with demand, managing to increase production of its germicidal bleach to six times historical averages. Quarterly sales in its cleaning division, which makes up nearly 38% of total sales and includes its namesake bleach products as well as Formula 409 and Pine-Sol, surged 32%. Its shares, already up more than 21 percent this year, rose 5.9% on Friday to $197.27. “The company’s c Show less Read more
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