Clorox says last month's cyberattack is still disrupting production
Publishing timestamp: 2023-09-18 11:24:02
Summary
Clorox has stated that the cyberattack it disclosed last month will have a material impact on its quarterly results. The company has experienced production delays and does not have an estimate for when full operations will resume. Clorox expects the cybersecurity breach to impact its fiscal first quarter results due to product outages and delays. The company believes the threat is contained and plans to start bringing systems back up next week, gradually ramping up to full production over time. The attack is still causing widescale disruption to the company's operations, leading to scaled-back order processing and fewer products on store shelves.
Sentiment: NEGATIVE
Tickers: CLX,
Keywords: breaking news: business, business, cybersecurity, business news, clorox co, retail industry,