The Clorox Company (CLX)

Sector: Consumer Staples|Industry: Household & Personal Products|Market Cap: $20.16B|Employees: 8K


The Clorox Company is a multinational manufacturer and marketer of consumer and professional products. They operate in approximately 25 countries and sell products in over 100 markets, primarily through mass retailers, grocery outlets, and e-commerce channels. Clorox's competitive advantage lies in its strong brand portfolio, with about 80% of sales coming from brands holding the No. 1 or No. 2 market share positions.

  1. Filings

Filing Highlights

Financial Performance

Net sales decreased from $1,990 million to $1,686 million due to the impact of retail inventory restoration following the August 2023 cyberattack and divestitures of the Better Health VMS and Argentina businesses. This indicates a significant disruption to the company's revenue stream.

Gross margin increased from 43.5% to 43.8%, driven by cost savings and the benefits from the divestitures of the Better Health VMS and Argentina businesses, partially offset by lower volume and higher manufacturing and logistics costs. This suggests improved profitability despite lower sales.

Diluted EPS increased from $0.75 to $1.54, primarily due to the pension settlement charge and cyberattack expenses in the prior period, and the benefits of cyberattack insurance recoveries and cost savings in the current period, partially offset by lower net sales. This shows a strong recovery in profitability.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment