3 minutes

Clorox (NYSE: CLX) 3Q19 Results: Misses Estimates on Sales, Beats on EPS

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Charlie Poon
Terence Ng, Senior Analyst
Company Earnings Update

Executive Summary

  • Clorox reported net sales of $1.55 billion, up 2.2% year over yearfor the three months ended March 31, 2019.
  • The lifestyle segment was the major revenue driver for the company, growing net sales 22.6% year over year. Net sales from the international segment suffered the most decline of 5.4% year over year.
  • For FY19, the company forecasts net sales growth of 2% to 3%, and diluted EPS of $6.25-6.35, representing growth in the range of 0-1%.

Please Login to read the full report. Not a member? Register for a free user account.