earnings
confidence high
sentiment positive
materiality 0.85
Clorox Q4 net sales -6% to $1.9B; adjusted EPS +9% to $1.82; divests VMS business
CLOROX CO /DE/
2024-FY EPS reported
$2.25
revenue$7,093,000,000
- Q4 GAAP diluted EPS $1.73 (+22% YoY); adjusted EPS $1.82 (+9%) vs $1.67.
- Gross margin 46.5% (+380 bps) on lower costs; organic sales -3%.
- Announces sale of Better Health VMS business to Piping Rock Health Products; no deal value disclosed.
- FY24 free cash flow $483M vs $930M; net cash from ops $695M.
- FY25 outlook: expects return to volume growth consistent with long-term goals.