secwatch.observer — SEC 8-K summary
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Issuer:     CLOROX CO /DE/ (CLX)
CIK:        0000021076
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000021076-22-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clorox Q2 net sales fall 8%, gross margin drops 1240 bps to 33%, EPS down 72%
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- Net sales $1.7B, down 8% vs prior year; organic sales -8% reflecting 10-point volume decline.
- Gross margin 33% vs 45% a year ago, driven by higher manufacturing & logistics and commodity costs.
- Diluted EPS $0.56 (down 72%); adjusted EPS $0.66 (down 67%) excluding strategic digital investments.
- Health & Wellness segment net sales down 21%; Household +3%, Lifestyle +2%, International flat.
- YTD free cash flow $113M vs $478M prior year; capex $109M; company cites ongoing cost pressures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21076/000002107622000005/0000021076-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21076/000002107622000005/clx-20220203.htm
  HTML page:      https://secwatch.observer/filing/0000021076-22-000005

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