Advertisement
 
YOU ARE HERE: LAT HomeCollectionsClorox Co
IN THE NEWS

Clorox Co

FEATURED ARTICLES
BUSINESS
November 27, 1996 | JOHN O'DELL, TIMES STAFF WRITER
Armor All Products Corp. said Tuesday that it has agreed to be acquired by Clorox Co. in a $408-million marriage of the nation's top makers of car care and home cleaning products. The deal, expected to close by the end of the year, will give Oakland-based Clorox shelf space in the lucrative auto care products market for the first time. Clorox, a $2.
ARTICLES BY DATE
SCIENCE
May 24, 2013 | By Amina Khan, Los Angeles Times
In the war against pests, the lowly cockroach makes for a fearsome adversary. It can go weeks without water, survive decapitation for a time - and, like any proper super-villain, can send humans screaming from a room. Now researchers have discovered how some roaches have eluded humans' once-infallible traps: They have evolved so that glucose-sweetened bait tastes bitter. The discovery, published in Friday's edition of the journal Science, solves a 20-year mystery and sheds light on the cockroach's powerful ability to adapt.
Advertisement
BUSINESS
February 5, 2009
Consumer product maker Clorox Co. said fiscal second-quarter earnings fell 7% as retailers cut inventory, consumers spent less and a stronger dollar made the company's products more expensive to overseas customers. Clorox also lowered its fiscal 2009 sales outlook and said it would cut about 170 jobs over the next 18 months. The Oakland company also indicated that recent price increases would stick as it tries to cut costs and boost margins. The maker of Brita water filters and Glad bags said profit in the three months that ended Dec. 31 fell to $86 million, or 62 cents a share.
BUSINESS
October 6, 1999 | A Times Staff Writer
* A unit of the Council of Better Business Bureaus said Clorox Co. could not support such advertising claims as "Shines longer. Protects better," for its Armor All car wax, and said the company should refrain from making comparative claims until it tests Armor All against a reformulated product from Turtle Wax Inc. Clorox agreed to take the criticisms into account in future advertising.
SCIENCE
May 24, 2013 | By Amina Khan, Los Angeles Times
In the war against pests, the lowly cockroach makes for a fearsome adversary. It can go weeks without water, survive decapitation for a time - and, like any proper super-villain, can send humans screaming from a room. Now researchers have discovered how some roaches have eluded humans' once-infallible traps: They have evolved so that glucose-sweetened bait tastes bitter. The discovery, published in Friday's edition of the journal Science, solves a 20-year mystery and sheds light on the cockroach's powerful ability to adapt.
BUSINESS
August 2, 2008 | From Times Wire Services
Clorox Co. said it would raise prices on more than half of its portfolio -- including Glad trash bags, its namesake bleach and Brita water filters -- in the next year to offset higher commodity costs. The Oakland company said fiscal fourth-quarter earnings fell 3.7%, weighed down by restructuring costs. It also lowered its 2009 forecast, citing rising costs.
BUSINESS
May 7, 2004 | From Bloomberg News
Clorox Co. said fiscal third-quarter earnings rose 15% as it sold more liquid cleaners and newer products such as Glad Press 'n Seal food wrap. Net income increased to $126 million, or 59 cents a share, from $110 million, or 50 cents, a year earlier, the Oakland-based company said. Sales rose 6.6% to $1.09 billion, the biggest quarterly gain in almost five years. Shares of Clorox fell 42 cents to $51.90 on the New York Stock Exchange.
BUSINESS
May 9, 2003 | From Bloomberg News
Clorox Co., the largest U.S. household-bleach maker, said third-quarter profit more than doubled after costs fell. Net income in the period ended March 31 rose to $110 million, or 50 cents a share, from $46 million, or 20 cents, a year earlier. Sales fell less than 1% to $1.02 billion, the first decline in almost two years, the company said. Clorox, based in Oakland, reiterated that earnings would rise about 10% this quarter and at least that much next year.
BUSINESS
August 3, 2006 | From Reuters
Clorox Co., maker of bleach and other household products, posted a lower fiscal fourth-quarter profit, hurt by a charge related to stock options dating as far back as 1996. Net income at the Oakland company fell to $142 million, or 92 cents a share, in the quarter ended June 30 compared with $156 million, or $1, a year earlier. Sales rose 5% to $1.32 billion, slightly exceeding forecasts. Clorox recorded a charge of $16 million, or 11 cents a share, after a review of stock option practices.
BUSINESS
November 1, 2008 | Times Wire Services
Clorox Co. said Friday that its fiscal first-quarter profit rose 15% as consumers continued to buy its brand-name products even as it raised prices and financial uncertainty spread. The price increases helped offset higher commodity and energy costs, with executives saying about 50% of the jump in commodity costs had been recovered. The Oakland-based maker of Brita water filters, Glad bags and Kingsford charcoal also confirmed its 2009 profit outlook. Clorox's profit increased to $128 million, or 91 cents a share, in the quarter ended Sept.
BUSINESS
August 2, 2008 | From Times Wire Services
Clorox Co. said it would raise prices on more than half of its portfolio -- including Glad trash bags, its namesake bleach and Brita water filters -- in the next year to offset higher commodity costs. The Oakland company said fiscal fourth-quarter earnings fell 3.7%, weighed down by restructuring costs. It also lowered its 2009 forecast, citing rising costs.
BUSINESS
February 5, 2008 | From Bloomberg News
Clorox Co., maker of Glad trash bags and its namesake bleach, said fiscal second-quarter profit fell 4.2% on higher costs to make salad dressing and plastic bottles. Net income declined to $92 million, or 65 cents a share, the Oakland-based company said. Profit beat analysts' estimates. Clorox cut its full-year earnings forecast because of higher expenses and a decision to exit a private-label business. Shares of Clorox fell $2.36, or 3.7%, to $60.73. They have dropped 6.8% this year.
BUSINESS
November 1, 2007 | From Bloomberg News
Clorox Co. on Wednesday reported a quarterly profit that fell less than analysts' estimates and agreed to buy Burt's Bees, the maker of natural lip balm and hand cream, for $925 million, its biggest acquisition in nine years. The bleach maker's shares rose the most in two months. Closely held Burt's Bees, based in Durham, N.C., uses beeswax, flowers and other natural ingredients in its soap, moisturizers and shampoo.
BUSINESS
August 14, 2007 | Alana Semuels, Times Staff Writer
Plastic water bottles have been getting such a bad rap that people have started paying attention, which means that corporate America has started cashing in. The company that makes Brita water filters teamed up Monday with Nalgene, a manufacturer of reusable beverage containers, to launch the FilterForGood campaign, aimed at weaning people off throwaway bottles.
BUSINESS
December 21, 2006 | From Bloomberg News
Clorox Co., the largest U.S. maker of household bleach, agreed to buy Colgate-Palmolive Co.'s bleach divisions in six countries for $126 million to expand in Latin America and Canada. The purchase of brands including Javex in Canada, Aqua Jane in Uruguay and Nevex in Venezuela will add units that had $77 million of sales this year, Oakland-based Clorox said. The purchase would cut Clorox's profit by as much as 4 cents a share in the six months through June.
BUSINESS
August 6, 1992 | From Times Staff and Wire Reports
Clorox Plans $32-Million Write-Down: Clorox Co. said it will deduct about $32 million from its fourth-quarter earnings to write down assets related to its bottled water, food service and Kingsford charcoal businesses. Because of the write-down, profit for fiscal 1992 ended June 30 will be about $52 million--or 95 cents a share--lower than it would have been. Still, the company said it will report a "significant improvement" over year-ago earnings of $52.7 million, or 98 cents a share.
BUSINESS
November 2, 2006 | From Bloomberg News
Clorox Co., the maker of Brita water filters and Glad trash bags, said its fiscal first-quarter profit increased 2.8% after the Oakland-based company raised prices in response to higher commodity costs. Net income climbed to $112 million, or 73 cents a share, from $109 million, or 71 cents, a year earlier. Revenue rose 5.2% to $1.16 billion. Clorox has increased prices on a variety of items including trash bags and charcoal to compensate for higher oil and resin costs.
BUSINESS
August 31, 2006 | From Bloomberg News
Clorox Co. on Wednesday named Coca-Cola Co. executive Donald Knauss as chairman and chief executive. Knauss succeeds CEO Gerald Johnston, 59, who retired May 3 to recover from a heart attack he suffered in March. Board member Robert Matschullat, 58, had been serving as interim chairman and CEO while Clorox conducted its search.
Los Angeles Times Articles
|