secwatch.observer — SEC 8-K summary
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Issuer:     CLOROX CO /DE/ (CLX)
CIK:        0000021076
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000021076-22-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21076/000002107622000033/0000021076-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21076/000002107622000033/clx-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000021076-22-000033

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