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Clorox (CLX) Stock Slumps on Q1 Earnings Miss, Outlook

NEW YORK (TheStreet) -- Shares of Clorox (CLX) were retreating in pre-market trading on Wednesday after the company reported weaker-than-expected earnings for the 2017 fiscal first quarter.

Before the opening bell, the Oakland, CA-based maker of consumer products posted earnings of $1.36 per diluted share, below analysts' forecasts of $1.42 per share.

Revenue for the period was $1.44 billion, while analysts had projected $1.43 billion.

"As we look to the remainder of the fiscal year, I...