From Financial Modeling Prep: 2025-05-06 10:03:00

The Clorox Company (NYSE:CLX) saw shares drop 6% after reporting Q3 earnings and revenue below expectations, with adjusted EPS at $1.45, missing estimates of $1.57. Revenue fell 8% to $1.67 billion, below the $1.73 billion consensus, with organic sales down 2%.

Economic uncertainty and changing consumer behavior impacted Clorox’s results, leading to slower category performance. The company expects these challenges to continue into Q4, despite improving profitability with a 240 basis point increase in gross margin to 44.6%.

Clorox maintained its adjusted EPS guidance for fiscal 2025 at $6.95 to $7.35 but lowered its organic sales growth forecast to 4–5%, down from the previous range of 5–6%. This comes amid ongoing macroeconomic headwinds and shifting consumer shopping patterns.



Read more at Financial Modeling Prep:: Clorox Misses Q3 Expectations, Cuts Sales Outlook,…