Clorox sales surge again as coronavirus cases rise again

Stock up 35% this year

This illustration photo shows a container of Clorox disinfecting wipes in a kitchen in Culver City, California, on April 24, 2020, amid the novel coronavirus pandemic. - Top White House coronavirus advisor Deborah Birx shrank in horror and around the nation comedians sharpened their pens: President Donald Trump had just asked if virus victims couldn't be injected with disinfectant. Even as a new poll shows most Americans wish the former real estate magnate would leave science to the experts, Trump on April 23 evening hit a new high in the annals of amateur presidential doctoring. (Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images) (CHRIS DELMAS, KPRC)

COVID-19 cases are on the rise again.

So, the fact that people are still needing disinfecting products to clean means boosted sales for companies like Clorox.

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Clorox reported earnings for its fiscal first quarter Monday.

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Overall sales were up 27% from a year ago.

Clorox also reported double-digit increases in eight of its 10 business units.

Shares of Clorox rose nearly 4% with the news.

The stock is now up more than 35% this year.


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