BUZZ-Bleach maker Clorox rises after lifting annual profit forecast

Reuters

2025/02/04

** Shares of Pine-Sol parent Clorox > up 2.5% at $163.77 in extended trade

** Company lifts fiscal 2025 profit forecast for the second time helped by cost-savings and efforts to revive demand

** CLX also tops market expectations for Q2 net sales, profit

** Now expects fiscal 2025 adjusted earnings per share of $6.95 to $7.35, compared with prior expectations of $6.65 to $6.90.

** Q2 net sales of $1.69 bln beat estimates of $1.63 bln, according to data compiled by LSEG

** Stock rose nearly 14% in 2024

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com;))

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