42 www.pgcitizen.ca | Saturday, February 7, 2009 or MINIMUM TRADE VALUE When you buy NEW Paul Shawn Marlene Lorne or when you buy USED! Clorox bleach is on display at a market in Palo Alto, Calif. Clorox said fiscal second-quarter fell 7 per cent and lowered its fiscal 2009 outlook as retailers cut inventory and consumers sped less. AP photo Limited Time Offer Ends February 15, 2009 Accent Genesis Elantra Sonata Azera Tiburon Entourage Clorox profits taken to the cleaners Betsy Vereckey The Associated Press NEW YORK -- Consumer products maker Clorox Co. said that second-quarter earnings fell seven per cent as retailers cut inventory, consumers spent less and a stronger U.S. dollar made the company's products more expensive to overseas customers. Clorox also lowered its 2009 financial year sales outlook and said it would cut about 170 jobs over the next 18 months. Clorox also indicated that recent price increases would stick as the company tries to cut costs and boost margins. The maker of Brita water filters and Glad bags said profit fell to US$86 million, or 62 cents per share. That topped analysts' average earnings estimate of 57 cents per share. A year ago, Clorox earned $92 million, or 65 cents per share. Revenue rose nearly three per cent to $1.22 billion from $1.19 billion last year. Analysts polled by Thomson Reuters, on average, expected a profit of $1.24 billion. The company said price increases partly offset lower-than-expected shipments. Jefferies & Co. analyst Douglas M. Lane, who rates the stock "Buy," said North American revenue was weak, but international sales were better than expected. International sales volume rose four per cent and North America volume fell two per cent. The North American volume decline was due to lower demand for its auto-care products, its exit from the private-label food bags business and price increases for several products including Glad trash bags and Pine-Sol cleaner. "Overall, the quarter was solid, and the outlook remains as expected, despite the difficult consumer environment," Lane wrote in a note to investors. On a conference call with analysts, chief executive Don Knauss said the company has implemented more than 40 price increases over the past three years, and even though commodity costs have fallen considerably, Knauss said the price increases were here to stay. The only price increase that has been rolled back so far is the cost of Glad trash bags. 2 0t FFe 0 9 Tucson Santa Veracruz T S V Ranger 08 FordSupercab 06 Dodge 4x4 Caravan Hyundai 07 Ford F-350 07 Entourage 3.8 08 Ford 2.0 SE Focus Super Duty 02 ToyotaLE 07 Toyota Yaris 98 Ford F-150 06 Chevrolet 05 Mazda Camry Cobalt LT GT 8AZ009010 · 2.4L 4-Door Sedan · 116,062 kms NN113076396 · 1.5L 3-Door Hatchback, 49,070 kms 8TB130510 · 4.2L V6 Manual 9EL202410 · 2.2L 42,000 kms PA61428 · 4.0L V6 26,134 kms P662115 95,410 kms PA46558 · 4x4, Crew Cab, 6.0L V8 4-Door Pick-uyp · 55,516 kms P011916 · 5-Door Minivan 3.8L V6, 5-Speed Auto, 47,963 km P160606 · 2 Door Coupe 2.0 · 10,990 kms 00651286 8TU506710 · 2.3 L 88,219 kms 250-564-6663 2021 Hwy 16, PRINCE GEORGE · 1-250-564-6663 www.northland-hyundai.ca * All trademarks owned by Hyundai Auto Canada Corp. The Hyundai names, logos, product names, feature names, images and slogans are trademarks owned by Hyundai Auto Canada Corp., and are used under licence. DL# 30540. Look Who's Celebrating! Birthday By phone: 562-6666 By mail: Look Who's Celebrating, c/o Citizen, 150 Brunswick St Prince George, BC V2L 5K9 By email: cls@princegeorgecitizen.com Deadline: 3:30pm Thursday for Saturday's edition How to place your Announcement: Ce 00485122 NOW AVAILABLE ON THE CITIZEN WEBSITE BY NOON SATURDAY www.princegeorgecitizen.com 1 square 2.5" x 2" $50 2 square 5"x 2" $85 3 square 8"x 2" $120 4 square 6"x 5" $155 (includes GST) leb NOW AVAILABLE ON THE CITIZEN WEBSITE BY NOON SATURDAY www.princegeorgecitizen.com rate with t l wor he d! Birthday Happy birthday on February 15th To our wonderful Mom, Mom-in-law, Gramma Helen & Gramma Cheerio. We love, respect and are so extremely proud of you. Have a wonderful time spending your special day with your Grand kids. All our love, Your Wlasitz Kids, Grand kids & Grand puppies 644440 80 th 643698 Look who is Happy Birthday, Swede! 75! Engagement The 4 of us, Ed, Kristine, Ian & Reina are Excited, Pleased, and Proud that 649398 Engagement Bill and Susan Baldridge of Prince George are ecstatic over the engagement of their son Marit Paige Shearer and Christopher John Keen are engaged Wedding to take place October 2009. We love you and wish you the biggest Jasper Bear Hugs Ever. 644485 Craig to Carolyn daughter of WIlfred and Arlene Warner of Castlegar, BC Wedding to take place August 1, 2009 in Coquitlam L I TT LE B UN D L E S O F J O Y Felicia & Kimber are thrilled to announce the birth of their son, Wyatt David, born January 11, 2009, 1:07 pm at the Prince George Regional Hospital. Proud grandparents Teresa & Joe Myatovic and Alex & Drene Callander. A special thank you to Dr. Raymond and the incredible staff of the maternity ward at PGRH for their care and support throughout our pregnancy and delivery. 644476 Wyatt David Callander