The Clorox Company (NYSE:CLX) Goldman Sachs Global Staples Forum May 14, 2024 8:15 AM ET Company Participants Linda Rendle - Chief Executive Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Bonnie Herzog Good morning, everyone. Thank you all for joining us today. I'm Bonnie Herzog, Senior Consumer Staples Analyst at Goldman Sachs and I'm thrilled to Technical Difficult] welcome you all to our Annual Goldman Sachs Global Staples Forum. So, we have a great lineup of companies for you today, ...

Management reduced its fiscal year outlook.Clorox (CLX -5.57%) investors were seeing red on Wednesday morning. The consumer staples stock fell 6% in early morning trading while the S&P 500 declined just 0.3%. That drop added to a tough period for shareholders, with Clorox down 16% in the past full year compared to a 20% surge in the wider market.Wednesday's early decline came after management updated its 2024 outlook following another tough quarter on sales.Sales are downClorox said in a premarket earnings ...

The Clorox Company (CLX) reported third-quarter fiscal 2024 results, wherein the bottom line beat the Zacks Consensus Estimate and improved year over year. Significant gains from pricing actions and ongoing cost-saving initiatives aided the performance. Results also benefited from a solid innovation pipeline and digital transformation. CLX has been on track with its streamlined operating model, which aims to improve efficiency.Shares of this currently Zacks Rank #3 (Hold) company have risen 17.1% in the pas ...

The Clorox Company (NYSE:CLX) Q3 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - Chair and CEO Kevin Jacobsen - EVP and CFO Conference Call Participants Peter Grom - UBS Andrea Teixeira - JPMorgan Christopher Carey - Wells Fargo Dara Mohsenian - Morgan Stanley Anna Lizzul - Bank of America Javier Escalante - Evercore ISI Filippo Falorni - Citi Lauren Lieberman - Barclays Capital Olivia Tong - Raymond James Operator Good day, ladies and gentle ...

Clorox (CLX) reported $1.81 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.3%. EPS of $1.71 for the same period compares to $1.51 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.88 billion, representing a surprise of -3.49%. The company delivered an EPS surprise of +28.57%, with the consensus EPS estimate being $1.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

NOTE 9. OTHER (INCOME) EXPENSE, NET (2) Restructuring costs related to the implementation of the Company's streamlined operating model. See Note 5 for additional details. In determining its quarterly provision for income taxes, the Company uses an estimated annual effective tax rate, which is based on expected annual income, statutory tax rates and tax planning opportunities available in the various jurisdictions in which the Company operates. Certain significant or unusual items are separately recognized i ...

The following are recent highlights of business and environmental, social and governance achievements: The following is a summary of key third-quarter results by reportable segment. Third-quarter results reflect the March 20, 2024 divestiture of the company's Argentina business and all comparisons are with the third quarter of fiscal year 2023 unless otherwise stated. Prior periods presented have been recast to reflect the reportable segment changes effective in the fourth quarter of fiscal year 2023. 2 Adj ...

OAKLAND, Calif., Apr. 30, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today reported results for the third quarter of fiscal year 2024, which ended Mar. 31, 2024. Third-Quarter Fiscal Year 2024 Summary Following is a summary of key results for the third quarter, which reflect continued operational recovery from the previously announced cyberattack. Third-quarter results reflect the March 20, 2024 divestiture of the company's Argentina business and all comparisons are with the third quarter of fiscal ...

The Clorox Company (CLX) is likely to register a decline in the top and bottom lines when it reports third-quarter fiscal 2024 results on Apr 30, 2024, before market open.The Zacks Consensus Estimate for quarterly revenues is pegged at $1.88 billion, suggesting a decrease of 1.9% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for quarterly earnings has declined 1.5% in the past 30 days to $1.33 per share. The consensus mark indicates an 11.9% decline from $1.51 reported in the pr ...

Investors are always looking for stocks that are poised to beat at earnings season and The Clorox Company (CLX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Clorox is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indi ...