Insight Report 3 minutes PremiumClorox (CLX) Fiscal 3Q18 Results: Company Beats on Earnings, Reports In-Line Revenues and Offers Mixed Guidance Coresight Research May 3, 2018 Executive Summary Clorox reported fiscal 3Q18 revenues of $1.52 billion, up 2.7% year over year and in line with the consensus estimate. Diluted EPS was $1.37, up 4.6% from the year-ago quarter and above the consensus estimate of $1.31. All four of the company’s business segments showed positive sales growth. Cleaning sales grew by 3%, while lifestyle sales grew by 2%, international sales by 4% and household sales by 1%. Clorox raised its FY18 net sales growth guidance to 3% from 1%–3% previously and lowered its EPS guidance to $6.15–$6.30 from $6.17–$6.37 previously. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Analyst Corner: Retail Innovation in China, with Anand Kumar—Three Opportunities for Brands and RetailersRetail Shrink and ORC: Legislative Momentum Grows and New Tech Solutions Emerge To Tackle TheftEarnings Insights 4Q23, Week 4: Gildan Activewear, Sprouts Farmers Market and Walmart See Strong Sales Growth; The Home Depot Sees a DeclineFive Ways AI Is Being Used in Drugstore Retail
