---
schema_version: "secwatch.filing_event.v1"
accession: "0000021076-22-000033"
form_type: "8-K"
ticker: "CLX"
cik: "0000021076"
company_name: "CLOROX CO /DE/"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:32:36.554528+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clorox Q1 sales down 4% to $1.74B; EPS falls 40%; confirms FY outlook

## Summary
- Diluted EPS of $0.68, down 40% YoY; adjusted EPS $0.93, down 23%.
- Gross margin 36%, down 110 bps due to higher manufacturing, logistics, and commodity costs.
- Organic sales fell 2%; volume down 15% overall, partially offset by 13% favorable price/mix.
- Net cash from operations $178M, up 334% YoY; free cash flow $132M vs. -$11M a year ago.
- CEO says results better than expected; maintains FY2023 outlook amid ongoing macro headwinds.

## SEC filing metadata
- accession: 0000021076-22-000033
- form_type: 8-K
- ticker: CLX
- cik: 0000021076
- company_name: CLOROX CO /DE/
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21076/000002107622000033/0000021076-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21076/000002107622000033/clx-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000021076-22-000033
- JSON: https://secwatch.observer/filing/0000021076-22-000033.json
- Plain text: https://secwatch.observer/filing/0000021076-22-000033.txt

## Key facts
- Earnings Releases
  CLOROX CO /DE/ reported first quarter of fiscal year 2023, which ended Sept. 30, 2022 results: revenue $1.74 billion, EPS 68 cents. Guidance reaffirmed.
  - Period: first quarter of fiscal year 2023, which ended Sept. 30, 2022
  - Revenue: $1.74 billion
  - EPS: 68 cents
  - Guidance: reaffirmed
  - Result: reported results
  source text: The Clorox Company (NYSE: CLX) today reported results for the first quarter of fiscal year 2023, which ended Sept. 30, 2022. First-Quarter Fiscal Year 2023 Summary Following is a summary of key first-quarter results. All comparisons are with the first quarter of fiscal year 2022 unless otherwise stated. • Net sales decreased 4% to $1.74 billion compared to a 6% net sales decrease in the year-ago quarter. The net sales decrease was driven largely by lower volume, partially offset by favorable price mix. Organic sales 1 were down 2%. The three-year average growth rate for net sales was up 5%. • Gross margin decreased 110 basis points to 36% from 37.1% in the year-ago quarter, due to higher manufacturing and logistics costs, higher commodity costs, and lower volume, partially offset by the benefits of pricing and cost savings initiatives. • Diluted net earnings per share (diluted EPS) decreased 40% to 68 cents from $1.14 in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/21076/000002107622000033/0000021076-22-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.