secwatch.observer — SEC 8-K summary
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Issuer:     CLOROX CO /DE/ (CLX)
CIK:        0000021076
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001206774-23-001174
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clorox warns Q1 net sales down ~25% on cyber attack; sees adjusted EPS loss up to $0.40
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- Preliminary Q1 FY2024 net sales expected down 28% to 23% YoY; organic sales down 26%–21% vs prior mid-single-digit growth.
- Gross margin expected down YoY; diluted EPS loss $0.75–$0.35; adjusted EPS loss $0.40–$0.00, driven by cyber attack.
- August cybersecurity attack caused wide-scale order processing delays and product outages; automated ordering resumed Sept 25.
- Ongoing but lessening operational impacts expected in Q2; full FY2024 outlook to be provided on November earnings call.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21076/000120677423001174/0001206774-23-001174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21076/000120677423001174/clx4249171-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-23-001174

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