secwatch.observer — SEC 8-K summary
======================================

Issuer:     CLOROX CO /DE/ (CLX)
CIK:        0000021076
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000021076-23-000046
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clorox Q1 net sales down 20% to $1.4B; diluted EPS 17¢ (-75%), adjusted EPS 49¢ (-47%)
--------------------------------------------------------------------------------

- Net sales $1.4B, down 20%; organic sales down 18%; volume down 26%.
- Diluted EPS 17¢ (down 75%); adjusted EPS 49¢ (down 47%); cyberattack caused 15¢ incremental expense.
- Gross margin up 240 bps to 38.4% from 36.0% aided by pricing and cost savings.
- Net cash from operations $20M, down 89% from $178M; capex $24M vs $46M.
- Segments: Health & Wellness -23%, Household -23%, Lifestyle -28%, International -5% (organic +9%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21076/000002107623000046/0000021076-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21076/000002107623000046/clx-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000021076-23-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer