Clorox posts higher profit

[jeanne]

this article is not directly linked to swine flu; rather it shows the impact it's having in the business world.

Clorox posts higher profit, confirms 2010 view
Mon Aug 3, 2009 9:42am EDT
CHICAGO (Reuters) -

Clorox Co's (CLX.N) quarterly profit rose a stronger-than-expected 7.6 percent on Monday, boosted by price increases and lower costs, and the company stood by its fiscal 2010 expectations.

Clorox has held up in the downturn even though its namesake bleach and some other household items, such as Glad storage and trash bags, face increased competition from less-expensive store brands.

Products with a natural focus, such as Green Works household cleansers, have grown even as consumers cut back. Clorox disinfecting wipes sold well following the H1N1 flu outbreak.

Clorox earned $170 million, or $1.20 per share, in the fiscal fourth quarter that ended June 30, up from $158 million, or $1.13 per share, a year earlier. Analysts, on average, expected Clorox to earn $1.19 per share, according to Reuters Estimates.

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(Reporting by Jessica Wohl, editing by Maureen Bavdek)

? Thomson Reuters 2009 All rights reserved

 

[peter m]

Re: Clorox posts higher profit

this article is not directly linked to swine flu; rather it shows the impact it's having in the business world.

Some other businesses which will flourish in a pandemic:

patient transport companies

makers of germicides in wipes and portable 2-3 oz bottles

Online dvd providers such as netflixs as folks stay put in home

Home - delivered grocery services

florists

On line home schooling & online career programs

hepa filtration units for homan and office

Kleenix corporation

Any more ideas as to which companies and businesses will do well in a pandemic wave(S)? For sure it won't be restaurants.