Clorox Reports 33% Q1 Sales Growth and Lowers Margin Expectations
Filed with the SEC on · Summarized by InvestorsBot
Clorox reported fiscal first-quarter 2027 net sales of $1.91 billion, up 33% year over year, while adjusted EPS rose 82% to $1.55; the GOJO acquisition contributed about 15 percentage points to sales growth. The company maintained its fiscal 2027 sales outlook of 13% to 14% growth and adjusted EPS guidance of $5.70 to $6.00, but now expects gross margin of about 41.5% and adjusted EPS closer to the low end because of higher input-cost inflation and unfavorable mix.