Categories Consumer, Earnings

The Clorox Company (NYSE: CLX): Q2 2020 Earnings Snapshot

— The Clorox Company (NYSE: CLX) reported net income of $185 million or $1.46 per share for the second quarter of 2020, vs. $1.40 per share expected.

— Net sales decreased to $1.45 billion from $1.47 billion in the second quarter of 2019, vs. $1.43 billion expected; organic sales were flat

— Gross margin rose 40 basis points to 44.1% from 43.7% in the year-ago quarter

— Expects the year-over-year change in full-year 2020 net sales to be between a low-single-digit decline to a 1% increase; sees organic sales growth of 2%

— Expects full-year earnings per share to be between $6.10 and $6.25, representing a 3-1% annual decrease

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat

Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the

Nutanix (NTNX) Earnings: 2Q21 Key Numbers

Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3

Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023

Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top