OAKLAND — Consumer products company Clorox’s fiscal second-quarter net income rose 17 percent, bolstered by price hikes.
The results from the maker of Clorox bleach, Brita water filtration products and Pine-Sol cleaners topped Wall Street’s expectations. The company also raised its 2013 earnings and revenue forecasts on Monday.
Its shares climbed $1.27, or 1.6 percent, to $80.43 after rising as high as $80.86, which FacSet said was an all-time high.
Clorox Co. earned $123 million, or 93 cents per share, for the three months ended Dec. 31, up from $105 million, or 79 cents per share, a year earlier. Analysts surveyed by FactSet expected earnings of 80 cents per share.