"Clorox Warns of a Sales Mess After Cyberattack"

According to Clorox, a  cyberattack that brought the cleaning giant’s business to a near halt in August will cause the company’s sales to tumble between 23% and 28% for the quarter that ended Sept. 30.  The company also warned that it will end up with a loss in the quarter, instead of the nearly $150 million in profit that investors had expected.  The computer intrusion caused the company to take some systems offline, leading to product outages and processing delays.  As a result, the company has struggled to restock its goods.  Clorox, which had nearly $7.4 billion in revenue last fiscal year, said it expects “ongoing, but lessening” impacts to its operations from the attack through the second quarter, which began Oct. 1.

The Wall Street Journal reports: "Clorox Warns of a Sales Mess After Cyberattack"