North Bergen, New Jersey 2/4/2010 11:31:48 PM
News / Business

Household Product Leader, Clorox Corp. (NYSE:CLX) Leads the Breakout Stocks To Watch List at Wall Street Grand.

Clorox Corp. (NYSE:CLX) Leads the Hot Stocks List To Watch at Wall Street Grand

Wall Street Grand, LLC., a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news about Clorox Corp. (NYSE:CLX) shows elevated growth in the second quarter with gains of 28%. Clorox Corp. (NYSE:CLX) trades on the “New York Stock Exchange” under the stock symbol “CLX”. To learn more about “CLX”, make sure to visit our exclusive website http://www.wallstreetgrand.com/.

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Clorox Co. (NYSE:CLX) said Wednesday that its second-quarter profit jumped 28 percent as it continued to get a jump from sales linked to the swine flu. The company also increased its earnings outlook for the full year. Net income for the last three months of 2009 was $110 million, or 77 cents per share, up from $86 million, or 61 cents a share, a year earlier. Revenue climbed 5 percent to $1.28 billion from $1.22 billion.

In addition to the increase in cleaning products, lower commodity costs helped awaken a 10 percent increase in sales from its lifestyle unit, which includes Brita water-filtration products, Hidden Valley salad dressing and Burt's Bees products.

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

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