Clorox reports Q1 adjusted EPS 85c, consensus 78c

Reports Q1 revenue $1.43B, consensus $1.4B. “This quarter’s ERP launch marks a significant milestone in our transformation journey, empowering faster execution, greater productivity, and deeper insights – all aimed at delivering superior value to our consumers,” said Chair and CEO Linda Rendle “As with any rollout of this scale, we experienced some temporary disruptions that affected our market share. With the majority of the rollout now behind us, our focus is now squarely on accelerating profitable growth through innovation and strong demand-creation initiatives in the second half of this fiscal year. Leveraging our rich consumer insights and new advanced digital tools, we’re well positioned to drive growth and continue delivering superior value even as consumers navigate ongoing uncertainty and volatility.”