Company Expects To Experience Ongoing, But Lessening, Operational Impacts In Q2 As It Makes Progress In Returning To Normalized Operations; Expects To Begin To Benefit From The Restocking Of Retailer Inventories As It Ramps Up Fulfillment In Q2
Portfolio Pulse from Benzinga Newsdesk
The company expects to experience ongoing operational impacts in Q2, but these impacts are expected to lessen as it progresses towards normalized operations. It also anticipates benefiting from the restocking of retailer inventories as it ramps up fulfillment in Q2.
October 04, 2023 | 8:28 pm
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CLX is expected to experience ongoing, but lessening, operational impacts in Q2. The company also expects to benefit from the restocking of retailer inventories as it ramps up fulfillment.
The news directly mentions CLX's expectations for Q2. The company's anticipation of lessening operational impacts and benefits from restocking of retailer inventories suggests a positive outlook, which could potentially lead to a short-term increase in the stock price.
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