Shares have fallen 18% since mid-August cyberattack disclosure
Clorox Co. shares fell in the extended session Wednesday after the company slashed its outlook stemming from the impact of a cybersecurity attack over the summer.
Also see: A stranger in your hotel room? Kitty-litter shortages? Online attacks are causing real-world effects. In a statement late Wednesday, Clorox said the reduced outlook was “due to the impacts of the recent cybersecurity attack that was disclosed in August, which caused wide-scale disruption of Clorox’s operations, including order-processing delays and significant product outages.”
Analysts currently forecast, on average, adjusted earnings of $5.78 a share on revenue of $7.5 billion.
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