Clorox (CLX) Misses Q2 EPS by 18c, Guidance Misses Consensus

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Clorox Reports Q2 Fiscal Year 2022 Results, Updates Outlook

February 3, 2022 4:10 PM EST

OAKLAND, Calif., Feb. 3, 2022 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today reported results for the second quarter of fiscal year 2022, which ended on Dec. 31, 2021.

Second-Quarter Fiscal Year 2022 Summary

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

Net sales declined 8% to $1.7 billion in comparison to a 27% increase in the year-ago quarter, or an increase of 19% on a two-year stack basis. The decline in net sales reflects a 10-point decline in... More