Clorox on Wednesday warned that its sales and profit took a big hit during the quarter ending Sept. 30, largely due to the after effects of a cyberattack that significantly affected operations.
The bleach and cleaning products maker said it expects net sales to decrease 23% to 28%.
Clorox also said the cyberattack, which it disclosed in August, continues to hurt production, although the effect is lessening.
Clorox said it is still assessing what effect the hack could have on the current fiscal year and beyond.
MGM also warned in September that the attack could have a material effect on company finances.
Persons:
Clorox
Organizations:
MGM, Caesars, Bloomberg
Locations:
Clorox