Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 10-K __________________ ☑ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended June 30, 2022 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __________to__________. Commission file number: 1-07151 | --- | --- | --- | |--------------------------------------------- ...

The Clorox Company (NYSE:CLX) Q4 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - CEO Kevin Jacobsen - CFO Conference Call Participants Peter Grom - UBS Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Kaumil Gajrawala - Credit Suisse Jason English - Goldman Sachs Dara Mohsenian - Morgan Stanley Kevin Grundy - Jefferies Lauren Lieberman - Barclays Investment Bank Olivia Tong - Raymond James Steve Powers - Deutsche Bank Operator Good day, l ...

Summary of The Clorox Company Conference Call Company Overview - **Company**: The Clorox Company (NYSE: CLX) - **Participants**: - Linda Rendle - Chief Executive Officer - Kevin Jacobsen - Chief Financial Officer - Stephen Powers - Head of US Consumer Packaged Goods Research, Deutsche Bank Key Industry Insights - **Dynamic Environment**: The company has experienced significant changes in the business environment, with both tailwinds and headwinds affecting operations [3][4] - **Sales Growth**: Clorox has achieved approximately 2% sales growth in the previous strategy period and averaged 5% over the last three years, attributed to increased consumer engagement and brand introduction [4] Financial Performance - **Cost Inflation**: Clorox faced $530 million in cost inflation primarily in commodities and logistics, which is significantly higher than the typical $50 million in a normal year [16] - **Margin Recovery**: The company aims to rebuild margins lost due to inflation, with expectations to return to pre-pandemic margin levels of about 44% over time [41][42] Supply Chain Management - **Supply Chain Challenges**: The company has dealt with over 200 force majeures affecting supply chain operations, leading to increased costs and the need for enhanced resiliency [8][9] - **In-house Production**: Clorox plans to revert to an 80:20 in-house versus third-party manufacturing ratio, which is expected to be a significant margin driver [11][12] Pricing Strategy - **Price Increases**: Clorox has implemented three rounds of price increases, with the largest set for July, and is monitoring consumer response closely [20][21] - **Consumer Elasticity**: Early indicators suggest that pricing elasticity is better than pre-pandemic levels, with no significant trade-down observed so far [19][21] Strategic Initiatives - **IGNITE Strategy**: The company’s strategy focuses on innovation, cost savings, and enhancing brand experiences, with a strong emphasis on ESG (Environmental, Social, and Governance) commitments [26][28] - **Investment in Technology**: Clorox is investing $500 million in technology transformation to improve efficiency and effectiveness [5][39] Market Position and Consumer Behavior - **Private Label Competition**: Clorox has seen a slight increase in private label share but continues to outperform in market share growth [23][24] - **Consumer Sensitivity**: The company is aware of potential consumer trading down due to economic pressures but believes its strong brand value will mitigate this risk [24][21] International Market Outlook - **Growth Opportunities**: Clorox sees potential for growth in international markets, particularly in cleaning and personal care segments, while managing exposure to volatile regions [58][60] - **Distribution Expansion**: The company aims to expand distribution in international markets, leveraging its strong brand portfolio [59][64] Long-term Vision - **Sustainability Goals**: Clorox has set ambitious sustainability targets, including reducing virgin plastic and fiber packaging by 50% by 2030 [70][71] - **Purpose-Driven Growth**: The company emphasizes a purpose-driven approach to growth, focusing on stakeholder needs and long-term value creation [70][72] Conclusion - Clorox is navigating a complex environment with strategic pricing, supply chain management, and a focus on innovation and sustainability to drive future growth while addressing inflationary pressures and consumer behavior changes. The company remains optimistic about its long-term prospects and market position.

The Clorox Company (NYSE:CLX) Bernstein 38th Annual Strategic Decisions Conference June 2, 2022 1:30 PM ET Company Participants Kevin Jacobsen - Executive Vice President and Chief Financial Officer Conference Call Participants Callum Elliott - Bernstein Callum Elliott Perfect. I think we're good to go. So we're going to get started. I'm sure some people will trickle in at the back. Good afternoon, everybody. Hope you enjoyed the lunch, delighted to welcome you to this 38th Annual Strategic Decisions Confer ...

The Clorox Company (NYSE:CLX) RBC Capital Markets 2022 Global Consumer & Retail Conference June 1, 2022 11:20 AM ET Company Participants Kevin Jacobsen - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Nik Modi Good morning, everyone. My name is Nik Modi, RBC's senior HBC beverage packaged food and tobacco analyst. Welcome to the RBC Global Consumer Conference. I'm pleased to welcome Clorox Company to the conference this year once again. I'm joined by Clorox's CFO, Kevin ...

The Clorox Company (NYSE:CLX) Q3 2022 Earnings Conference Call May 2, 2022 5:00 PM ET Company Participants Lisah Burhan - Vice President, Investor Relations Linda Rendle - Chief Executive Officer Kevin Jacobsen - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan Peter Grom - UBS Chris Carey - Wells Fargo Kaumil Gajrawala - Credit Suisse Jason English - Goldman Sachs Kevin Grundy - Jefferies Steve Powers - Deutsche Bank Lauren Lieberman - Barclays ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-07151 THE CLOROX COMPANY (Exact name of registrant as specified in its charter) Delaware 31-0595760 (State or other jurisdiction ...

The Clorox Company (NYSE:CLX) Q2 2022 Results Conference Call February 3, 2022 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - CEO Kevin Jacobsen - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Securities Kaumil Gajrawala - Credit Suisse Lauren Lieberman - Barclays Kevin Grundy - Jefferies Jason English - Goldman Sachs Peter Grom - UBS Linda Bolton-Weiser - D.A. Davidson Operator Good day, ladies and gentlemen, and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-07151 THE CLOROX COMPANY (Exact name of registrant as specified in its charter) Delaware 31-0595760 (State or other jurisdict ...

Key Takeaways Industry/Company - **Company**: The Clorox Company (NYSE:CLX) - **Industry**: Consumer Goods, Household Products, Cleaning & Disinfecting Core Points and Arguments - **COVID-19 Impact**: The company has seen significant growth in the Cleaning segment due to increased demand during the pandemic. However, there has been volatility post-COVID with demand dropping off and outsized commodity pressure. - **Growth Opportunities**: - **Global Cleaning & Disinfecting**: Expansion of wipes business internationally, out-of-home opportunities, and U.S. retail growth. - **Household Essentials**: Increased grill ownership, pet adoption rates, and remote work trends. - **Topline Guidance**: 2% to 6% decline in revenue for the year, driven by commodity inflation and supply chain challenges. - **Innovation**: Strong focus on innovation, particularly platform-driven initiatives, to drive top-line growth. - **Digital Transformation**: $500 million investment over five years to increase digital capabilities in supply chain and operations. - **Gross Margin Compression**: Record levels of year-over-year compression due to unprecedented commodity inflation. - **Pricing Strategy**: Implemented pricing on 70% of the portfolio to offset cost increases, with plans to continue pricing in the back half of the year. - **Cost Savings**: Aggressive cost savings initiatives to offset inflation and improve profitability. - **E-commerce Growth**: Expectation of continued growth in e-commerce and club channels. Other Important Points - **Supply Chain**: Improved supply chain capabilities to address pandemic-related disruptions and meet demand. - **Ad Spend**: Expected to remain at 10% of sales, focusing on improving return on ad spend. - **Productivity**: Continued focus on productivity improvements through disciplined cost management and technology investments. - **ESG**: Focus on sustainability and reducing packaging content as part of the ESG agenda.