Clorox said net sales for fiscal 2024 Q3 decreased 5% to $1.81 billion. The company cited lower volume from temporary distribution losses caused by the cyberattack and unfavorable foreign exchange rates as factors behind the decline. Adjusted EPS rose 13%, from $1.51 to $1.71.

1. 01

   Clorox said net sales for fiscal 2024 Q3 decreased 5% to $1.81 billion. The company cited lower volume from temporary distribution losses caused by the cyberattack and unfavorable foreign exchange rates as factors behind the decline. Adjusted EPS rose 13%, from $1.51 to $1.71.

2. 02

   The company said it completed the divestiture of its Argentina business on March 20, 2024 and recorded a one-time pretax charge of $240 million ($231 million after tax) in Q3. It said the charge was mainly a noncash impact from the release of cumulative currency translation losses.

3. 03

   Clorox said diluted EPS for Q3 was a loss of $0.41, a 76% increase from a loss of $1.71 in the year-ago quarter. The company gave its full-year diluted EPS outlook as $1.66 to $1.81, versus its previous outlook of $3.06 to $3.26.

4. 04

   The company said net cash provided by operations for the fiscal year to date was $355 million, a 51% decrease from $728 million in the year-ago period. It noted that this figure covers the year-to-date period, not Q3 alone.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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