Clorox Faces Cleaning Product Shortages After August Cyberattack Disrupted Manufacturing

Clorox experienced a cyberattack in August that disrupted its operations and manufacturing.
The attack has caused shortages of some Clorox cleaning products as the company struggles to meet demand.
Clorox has been fulfilling orders manually as it works to restore full operations.
The company expects to begin ramping up production next week but does not know when operations will be fully normalized.
The cyberattack will significantly hurt Clorox's financial results for the current quarter.

cnn.com

Relevant topic timeline:

9/19/2023

Clorox Faces Shortages After Cyberattack Disrupts Operations

Summary: Clorox customers may struggle to obtain disinfecting wipes and cleaning materials due to a recent damaging cyberattack that has caused disruptions in the company's operations.

10/4/2023

Clorox Struggles to Recover from Cyberattack That Crippled Operations

Clorox warns of a significant decrease in sales and profit due to a cyberattack, with expectations of a 23-28% decrease in net sales and a per-share loss of 35-75 cents, as the company continues to assess the impact on future periods.

10/5/2023

Clorox Shares Plunge Over 8% as Cyberattack Severely Impacts Sales and Profits

Clorox shares dropped more than 8% after the company reported that a cyberattack in August had a significant negative impact on sales and profits, leading to a 23% to 28% decline in sales for the quarter and a projected loss of up to 40 cents per share.

10/5/2023

Clorox Shares Plunge on Q1 Loss Warning After Cyber Attack Disruption

Shares in Clorox fell 8.1% after a cyber attack in August led the cleaning supplies company to forecast a quarterly loss and a significant decline in revenue, with analysts downgrading the stock and expressing concerns over operational and financial planning.

10/5/2023

Clorox Shares Drop on Financial Impacts of August Cyberattack

Cleaning product maker Clorox experienced a significant decline in its stock price after disclosing the financial impact of a cyberattack in August, leading to downgrades and price target cuts by analysts.

10/6/2023

Cyberattacks Disrupt Operations and Expose Data at Major U.S. Companies in 2022

Multiple companies, including Johnson Controls, Clorox, and MGM Resorts, have recently experienced significant cybersecurity breaches, resulting in financial losses and operational disruptions, highlighting the ongoing issue of cyberattacks affecting various industries.

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Posted 9/18/2023, 12:18:00 PM

Clorox Faces Cleaning Product Shortages After August Cyberattack Disrupted Manufacturing

Clorox experienced a cyberattack in August that disrupted its operations and manufacturing.
The attack has caused shortages of some Clorox cleaning products as the company struggles to meet demand.
Clorox has been fulfilling orders manually as it works to restore full operations.
The company expects to begin ramping up production next week but does not know when operations will be fully normalized.
The cyberattack will significantly hurt Clorox's financial results for the current quarter.

cnn.com

Relevant topic timeline:

9/19/2023

Clorox Faces Shortages After Cyberattack Disrupts Operations

Summary: Clorox customers may struggle to obtain disinfecting wipes and cleaning materials due to a recent damaging cyberattack that has caused disruptions in the company's operations.

10/4/2023

Clorox Struggles to Recover from Cyberattack That Crippled Operations

10/5/2023

Clorox Shares Plunge Over 8% as Cyberattack Severely Impacts Sales and Profits

10/5/2023

Clorox Shares Plunge on Q1 Loss Warning After Cyber Attack Disruption

10/5/2023

Clorox Shares Drop on Financial Impacts of August Cyberattack

10/6/2023

Cyberattacks Disrupt Operations and Expose Data at Major U.S. Companies in 2022