earnings
confidence high
sentiment positive
materiality 0.80
Clorox Q2 net sales +16% to $1.99B; adj. EPS $2.16 vs $0.98 YoY; cyber recovery ahead of schedule
CLOROX CO /DE/
2024-Q2 EPS reported
$0.92
revenue$3,376,000,000
- Net sales $1.99B, up 16% YoY; organic sales +20% driven by volume rebuild from August cyberattack.
- GAAP diluted EPS $0.75 (down 6%) includes $1.04 noncash pension settlement, $0.19 digital investment, $0.16 cyber costs.
- Adjusted EPS $2.16, up 120% YoY; gross margin 43.5% (+730 bps) on pricing, cost savings, and volume absorption.
- Health & Wellness segment net sales +25% (volume +22%); Household +9%; Lifestyle +21%; International +9%.
- YTD operating cash flow $173M (-55%); free cash flow $97M vs $299M prior year.