Clorox Sees Preliminary Q1 Adj EPS $(0.40)-$0; Net Sales Expected To Decrease 23%-28% YoY
Portfolio Pulse from Benzinga Newsdesk
Clorox has released preliminary Q1 results, expecting an adjusted EPS between $(0.40) and $0. The company also anticipates a decrease in net sales by 23%-28% YoY.
October 04, 2023 | 8:25 pm
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Clorox's preliminary Q1 results indicate a decrease in both adjusted EPS and net sales. This could potentially impact the company's stock negatively in the short term.
Clorox's preliminary Q1 results show a decrease in both adjusted EPS and net sales. This indicates a potential decrease in profitability, which could lead to a negative impact on the company's stock price in the short term.
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