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Clorox Reports Sales Up 22%; Names New CEO

Clorox Reports Sales Up 22%; Names New CEO

Consumer-products maker Clorox (NYSE: CLX) reported quarterly earnings today that beat analyst estimates on both revenue and income, with sales jumping 22% over the year-ago period. Earnings per share of $2.41 for the quarter rose 28% versus last year, beating estimates of $1.99 per share. Separately, the company announced that 17-year veteran Linda Rendle has been promoted to CEO effective Sept. 14, 2020.