Clorox (CLX) Tops Q1 EPS by 18c, Confirms Guidance

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Clorox Reports Q1 Fiscal Year 2022 Results, Confirms Outlook

November 1, 2021 4:10 PM EDT

OAKLAND, Calif., Nov. 1, 2021 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today reported results for the first quarter of fiscal year 2022, which ended on Sept. 30, 2021.

First-Quarter Fiscal 2022 Summary

Following is a summary of key first-quarter results. All comparisons are with the first quarter of fiscal year 2021 unless otherwise stated.

Net sales declined 6% to $1.8 billion in comparison to a 27% increase in the year-ago quarter, or an increase of 21% on a two-year stack basis. The decline in net sales reflects a 2-point decline in volume, 3 points of... More