Clorox (CLX) share𓂃s plunged in early trading on Thursday after warning that the effects of a cyberattack against the company will significantly impact results from its recently completed fiscal 2024 first quarter ended in September.

The maker of its namesake bleach and other cleaning products indicated that net sales would be 25% to 28% lower than a year ago. It said 澳洲幸运5官方开奖结果体彩网:organic sales would decline 21% to 26%, down from its earlier expectation of♚ mid-single-digit percentage growth. 

Clorox also now anticipates no net profit per share to a loss of $0.40 per share in the period. Analysts had estimated earnings per share (EPS) of $1.25. It added that 澳洲幸运5官方开奖结果体彩网:gross profit to be negative, rather than its prio🐷r prediction of an increase.&nb♍sp;

The company explained that the 澳洲幸运5官方开奖结果体彩网:cyberattack that it ⭕first reported on Aug🌃. 14 caused “wide-scale disruption” of its operationsꦦ, which included order processing delays and “significant product outages.” It noted that shipment and consumption trends were in line with forecasts prior to the attack.

Clorox indicated that it believes it will experience the effects of the diꦦsruption, but to a lesser degree, in the current quarter. The company i🧸s evaluating the impact in fiscal 2024 and beyond.

The hackers that breached Clorox’s system are reportedly suspected of belonging to the same group that recently 澳洲幸运5官方开奖结果体彩网:attacked casino operators MGM Resorts International (MGM) and Caesars Entertainment (CZR). 

Shares of Clorox sank to their lowest level in more than five years foll🦋owing the news and were down 8% as of noon E.T. on Thursday.