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Clorox up after quarterly results beat

By Reuters News

** Shares of bleach maker Clorox CLX.N rise ~3% to $92.50 premarket

** Co beats estimates for first-quarter sales on Monday, helped by the addition of Purell maker GOJO Industries and easier comparisons following last year's ERP-related disruption

** It also tops quarterly profit expectations, aided by higher sales volume and cost savings

** Reports Q1 sales of $1.91 billion, compared with analysts' estimates of $1.88 billion - data compiled by LSEG

** Logs quarterly adjusted EPS of $1.55, versus expectations of $1.06

** Maintains adjusted EPS forecast for fiscal year 2027, but management says they now expect results to come in toward the low end of the range

** "The cost environment has become more challenging, with higher inflationary pressures reflected in our updated outlook," CEO Linda Rendle says

** Up to last close, CLX down about 11% YTD

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