Clorox (CLX) Misses Q3 EPS by 2c, Raises Low End of FY EPS Guidance

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The Clorox Company Reports 3 Percent Sales Growth in Q3; Updates Fiscal Year 2015 Outlook for Sales and EPS

May 1, 2015 8:30 AM EDT

OAKLAND, CA -- (Marketwired) -- 05/01/15 -- The Clorox Company (NYSE: CLX) today reported sales growth of 3 percent and a decrease of 5 percent diluted net earnings per share (EPS) from continuing operations for its third quarter, which ended March 31, 2015. On a currency-neutral basis, sales grew 5 percent.

"I'm pleased we delivered strong results in the third quarter, allowing us to raise our fiscal year sales outlook and update our EPS outlook," said Chief Executive Officer Benno Dorer. "All U.S. segments contributed to sales growth, and sales for International grew strongly on a currency-neutral basis. Importantly,... More