Clorox on Wednesday posted earnings that fell short of analysts' expectations, but saw revenue that topped forecasts. After the mixed earnings report, "Mad Money" host Jim Cramer said the conference call was very "downbeat," and invited the company's chief executive to "change the narrative."
Benno Dorer, Clorox's chairman and CEO, said he feels good about the business one quarter into the fiscal year, adding that Clorox has a lot of momentum and he plans to "stay the course." He said the highlight of the quarter was the company's top line growth, adding that Clorox has "a lot of growth in an environment where growth is so hard to come by."
Dorer said the company has shown 8 percent volume growth and 4 percent sales growth, which increases to 6 percent if calculated currency-neutral. He said Clorox has been able to convert 3 percent year-over-year sales growth into 3 percent earnings growth.