Clorox Co (NYSE: CLX) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected fiscal second-quarter results.
During times of recession or high inflation, people will still need to purchase everyday necessities such as food, cleaning supplies, and hygiene products.
Pulled from Benzinga Pro data, Clorox (NYSE:CLX) posted Q1 earnings of $87.00 million, an increase from Q4 of 16.35%. Sales dropped to $1.74 billion, a 3.39% decrease between quarters.