“Feb 4 (Reuters) – Clorox Co quarterly profit soundly beat analysts’ estimates as a severe flu season boosted sales of disinfecting wipes, and results were helped by a new concentrated version of its namesake bleach.
The company also on Monday raised its full-year sales forecast to an increase of 3 percent to 5 percent, from 2 percent to 4 percent.
The company, which also makes Brita water filters and Burt’s Bees skin care products, said it earned $123 million, or 93 cents per share, in its fiscal second quarter ended Dec. 31. It earned $105 million, or 79 cents per share, a year earlier.
Analysts, on average, targeted 81 cents a share, according to Thomson Reuters I/B/E/S.
Sales rose 9 percent to $1.33 billion, topping the average analyst estimate of $1.27 billion.
The volume of goods sold rose 5 percent…..”
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