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Clorox (CLX)
NYSE:CLX
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.59Last Year’s EPS
1.71Same Quarter Last Year
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 03, 2025
|% Change Since: -4.20%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment overall, with Clorox demonstrating strong confidence in margin recovery and strategic growth initiatives, including the full acquisition of the Glad business. However, the company faces competitive pressures in certain categories and anticipates temporary disruptions from ERP implementation.Company Guidance
During The Clorox Company's second-quarter fiscal year 2025 earnings call, the management provided guidance on several key financial metrics. The company is on track to rebuild gross margins to 44% this fiscal year, with plans to increase EBIT margins by 25 to 50 basis points annually starting in fiscal 2026. Organic sales growth is expected to be low single digits in Q3, with a projected mid- to high single-digit growth in Q4 due to an ERP transition that will temporarily boost sales. The ERP implementation will also tie up $50-100 million in cash in Q4, impacting free cash flow, which is projected to be at the low end of their 11-13% target range this year. Additionally, Clorox plans to assume full control of its Glad business and is exploring M&A opportunities to strengthen its portfolio.Gross Margin Expansion Confidence
Clorox is confident in rebuilding gross margins back to 44% this year and plans to continue expanding EBIT margins by 25 to 50 basis points per year starting in fiscal year 2026.
Glad Business Transition
Clorox will assume full control of the Glad business, ending a joint venture with Procter & Gamble. This transition is seen as strategic and well-timed, with Clorox retaining important IP and innovation capabilities.
Share Growth and Market Penetration
Clorox has gained market share in seven out of eight categories, with strong innovation resonating with consumers. Household penetration is increasing, and consumer value metrics are higher than ever.
Professional and International Business Growth
Both the professional and international segments are growing above company average, driven by strong cleaning product performance and expansion into new international markets for cat litter.
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CLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 03, 2025 | $159.78 | $148.21 | -7.24% |
| Oct 30, 2024 | $155.31 | $157.34 | +1.31% |
| Aug 01, 2024 | $130.97 | $140.69 | +7.42% |
| Apr 30, 2024 | $144.38 | $136.33 | -5.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Clorox (CLX) report earnings?
Clorox (CLX) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Clorox (CLX) earnings time?
Clorox (CLX) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLX EPS forecast?
CLX EPS forecast for the fiscal quarter 2025 (Q3) is 1.59.
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