Clorox sees significant sales decline, quarterly loss due to lingering impacts of cyberattack

Clorox experienced a cyberattack in August that continues to disrupt operations and cause product shortages.
The company projects a 23-28% sales decline and a per-share loss of $0.35-0.75 for the first quarter.
Analysts have downgraded Clorox stock and cut price targets due to the financial impacts.
Clorox expects ongoing but diminishing effects from the cyberattack through the second quarter.
The hackers behind the attack have also targeted major casino operators like MGM Resorts.