Clorox (CLX) Misses Q3 EPS by 1c, Updates Guidance

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Go back to Clorox (CLX) Misses Q3 EPS by 1c, Updates Guidance

Clorox Reports Third-Quarter Fiscal Year 2019 Results, Updates Outlook

May 1, 2019 6:30 AM EDT

OAKLAND, Calif., May 1, 2019 /PRNewswire/ -- For its third quarter of fiscal year 2019, which ended March 31, 2019, The Clorox Company (NYSE: CLX) reported sales growth of 2% and a 5% increase in diluted net earnings per share from continuing operations.

"Overall, we executed well against our key strategic priorities in the third quarter, including robust innovation, industry-leading consumer engagement online and cost-justified pricing," said Clorox Chair and CEO Benno Dorer. "Importantly, we were pleased to deliver a second straight quarter of gross margin expansion.  

"We are also aggressively addressing heightened competitive activity in... More