earnings
confidence high
sentiment negative
materiality 0.80
Clorox Q1 FY2026: Net sales down 19% to $1.43B, adj. EPS $0.85 (-54% YoY) on ERP disruption
CLOROX CO /DE/
2026-Q1 EPS
reported $0.65
vs consensus $1.57
▼ miss
(-58.5%)
- Diluted EPS $0.65 vs $0.80 prior year; adjusted EPS $0.85 vs $1.86 (-54%), largely due to ERP transition.
- Gross margin fell 410 bps to 41.7% on lower volume and higher manufacturing/logistics costs.
- Organic sales declined 17%, with volume down 15%; Health & Wellness segment sales -19%.
- Operating cash flow $93M vs $221M (-58%); free cash flow $57M vs $182M.
- Company cites expected ERP transition impact; no specific numerical guidance revision provided.