Company: CLX
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000021076-25-000053
Chunk: 0

Company: CLOROX CO /DE/
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
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PART I – FINANCIAL INFORMATION

Item 1. Financial Statements

The Clorox Company

Condensed Consolidated Statements of Earnings (Unaudited)

(Dollars in millions, except per share data)

Three months ended9/30/20259/30/2024Net sales$1,429 $1,762 Cost of products sold833 955 Gross profit596 807 Selling and administrative expenses277 281 Advertising costs166 201 Research and development costs28 31 Loss on divestiture— 118 Interest expense23 21 Other (income) expense, net(5)(22)Earnings before income taxes107 177 Income tax expense25 74 Net earnings82 103 Less: Net earnings attributable to noncontrolling interests2 4 Net earnings attributable to Clorox$80 $99 Net earnings per share attributable to CloroxBasic net earnings per share$0.65 $0.80 Diluted net earnings per share$0.65 $0.80 Weighted average shares outstanding (in thousands)Basic122,629 123,795 Diluted123,018 124,677 

See Notes to Condensed Consolidated Financial Statements (Unaudited)

3

The Clorox Company

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

(Dollars in millions)

Three months ended9/30/20259/30/2024Net earnings$82 $103 Other comprehensive income (loss), net of tax:Foreign currency translation adjustments(4)14 Net unrealized gains (losses) on derivatives(4)(6)Total other comprehensive (loss) income, net of tax(8)8 Comprehensive income74 111 Less: Total comprehensive income attributable to noncontrolling interests2 4 Total comprehensive income attributable to Clorox$72 $107 

See Notes to Condensed Consolidated Financial Statements (Unaudited)

4

The Clorox Company

Condensed Consolidated Balance Sheets

(Dollars in millions, except per share data)9/30/20256/30/2025(Unaudited)ASSETSCurrent assetsCash and cash equivalents$166 $167 Receivables, net703 821 Inventories, net577 523 Prepaid expenses and other current assets249 97 Total current assets1,695