earnings
confidence medium
sentiment negative
materiality 0.80
Clorox Q4 EPS sinks 68%, sales fall 9%; FY margins contract sharply
CLOROX CO /DE/
2021-FY EPS reported
$5.58
revenue$7,341,000,000
- Q4 diluted EPS $0.81, down 68% YoY; full-year diluted EPS down 24%.
- Q4 net sales declined 9% with organic sales down 10%; Health & Wellness segment sales down 17%.
- Gross margin in Q4 fell to 37.1% from 46.8% a year ago, driven by higher commodity and supply-chain costs.
- Full-year free cash flow $945M vs $1,292M prior year; capital expenditures $331M.
- Company delivered over $120M in cost savings; e-commerce nearly doubled in two years.