Company: CLX
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000021076-25-000023
Chunk: 78

Company: CLOROX CO /DE/
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 78
---
4, respectively, as a result of the cyberattack. See Note 4 for additional details related to the August 2023 cyberattack. For informational purposes, the following table provides the approximate cyberattack costs and insurance recoveries corresponding to the Company’s reportable segments as a percentage of the total:Three months endedNine months ended3/31/20253/31/20243/31/20253/31/2024Health and Wellness— %18 %— %15 %Household— 12 — 11 Lifestyle— — — 11 International— — — 4 Corporate and Other100 70 100 59 Total100 %100 %100 %100 %(4)Represents restructuring and related implementation costs, net for the streamlined operating model of $10 and $13 for the three and nine months ended March 31, 2024, respectively, primarily corresponding to Corporate and Other. (5)Represents expenses related to the Company’s digital capabilities and productivity enhancements investment corresponding to Corporate and Other.

20

NOTE 17. SEGMENT RESULTS (Continued)

All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales.Net sales to the Company’s largest customer, Walmart Inc. and its affiliates, as a percentage of consolidated net sales, were 27% and 26% for the three and nine months ended March 31, 2025, respectively, and 25% for both the three and nine months ended March 31, 2024.The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the periods indicated:Net salesThree months endedNine months ended3/31/20253/31/20243/31/20253/31/2024Cleaning33 %29 %33 %30 %Professional Products5 5 5 5 Health and Wellness38 %34 %38 %35 %Bags and Wraps12 12 12 12 Cat Litter8 8 9 9 Grilling8 9 6 6 Household28 %29 %27 %27 %Food11 10 11 10 Water Filtration4 4 4 4 Natural Personal Care3 3 4 4 Lifestyle18 %17 %19 %18