earnings
confidence high
sentiment neutral
materiality 0.75
Clorox Q3 net sales down 5% to $1.81B; adjusted EPS up 13% to $1.71
CLOROX CO /DE/
2024-Q3 EPS reported
$0.52
revenue$5,190,000,000
- Net sales fell 5% to $1.81B; organic sales up 2% despite cyberattack disruptions.
- Diluted EPS loss of $0.41 vs loss of $1.71 YoY; adjusted EPS rose 13% to $1.71.
- Gross margin expanded 40 bps to 42.2% on pricing and cost savings.
- YTD operating cash flow $355M, down 51%; free cash flow $224M vs $584M.
- Divested Argentina business on Mar 20; expects full distribution recovery by Q4 end.