Clorox Reports Q3 Fiscal Year 2024 Results, Updates Outlook [Yahoo! Finance]
Clorox Company (The) (CLX)
Last clorox company (the) earnings: 5/1 06:30 am
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Source: Yahoo! Finance
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 year 2023 unless otherwise stated. Net sales decreased 5% to $1.81 billion compared to a 6% net sales increase in the year-ago quarter. The decrease was driven largely by lower volume from temporary distribution losses resulting from the widescale disruptions caused by the cyberattack as well as unfavorable foreign exchange rates, partially offset by favorable price mix. Organic sales were up 2%. Gross margin increased 40 basis points to 42.2% from 41.8% in the year-ago quarter, primarily driven by the benefit of pricing and cost savings, partially offset by higher manufacturing and logistics costs, unfavorable foreign exchange rates and hig
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CLX
Earnings
- 4/30/24 - Beat
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Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/2/24 - Form 4
- CLX's page on the SEC website