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Clorox announces strong sales growth.


* The Clorox Clorox

commercial name for a sodium hypochlorite preparation marketed as household bleach, but also used for disinfection.
 Company announced strong sales growth and cost savings, contributing to the company's strong results for the fiscal first quarter ended Sept. 30, 2004.

For the first quarter, net earnings were $123 million, compared to $129 million in the year-ago period. Sales increased 4% to $1.09 billion. Volume growth of 4% was driven by new products and all-time all-time
adj.
Exceeding all others up to the present time: an all-time speed skating record.


all-time
Adjective

Informal
 record shipments of Clorox disinfecting wipes, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 company executives.

The company generated $216 million cash from operations during the quarter.

Clorox expects sales growth of 3-5% in the second quarter.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Financial News
Publication:Household & Personal Products Industry
Date:Dec 1, 2004
Words:91
Previous Article:Net sales grow for Arden in first quarter.
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