Clorox reported earnings for its fiscal first quarter Monday that topped Wall Street’s forecasts and also boosted its outlook.
Overall sales were up 27% from a year ago and Clorox reported double-digit increases in eight of its 10 business units because of Covid-19 and people spending more time at home.
People are using Clorox’s namesake disinfectant products to clean household surfaces, cell phones and laptops — but the company is also benefiting from people cooking more at home instead of going out.
That’s because Clorox also owns the plastic bag brand Glad and the charcoal line Kingsford. Sales for Clorox’s household division, the unit that includes these products, soared 39% compared to last year.