Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announced Monday that
There was a 33% jump in sales withing the company division that sells cleaning products.
People have loaded pantries with disinfectant wipes and sprays, pushing overall sales up to
Analysts surveyed by Zacks Investment Research expected
For the fiscal year, Clorox anticipates sales growth ranging from flat to low single digits, reflecting sustained demand through the first half of the year, and a deceleration in the back half, which would have a tough comparison to the initial months of the outbreak.
Clorox's promotion of Rendle to CEO is effective on
She replaces
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