Company: CLX
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000021076-25-000023
Chunk: 88

Company: CLOROX CO /DE/
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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/31/20253/31/2024% Change3/31/20253/31/2024% ChangeNet sales$469 $526 (11)%$1,362 $1,353 1 %Segment adjusted EBIT61 74 (18)169 162 4 

Volume, net sales and segment adjusted EBIT decreased by 9%, 11% and 18%, respectively, during the current three month period. The volume decrease was primarily due to lower consumption and the timing of shipments in Grilling. The variance between volume and net sales was primarily due to unfavorable price mix. The decrease in segment adjusted EBIT was mainly due to lower net sales partially offset by cost savings.

Volume, net sales and segment adjusted EBIT increased by 2%, 1% and 4%, respectively, during the current nine month period. The volume increase was primarily due to lapping impacts from the cyberattack and retail inventory restoration. The increase in segment adjusted EBIT was mainly due to cost savings and higher volume, partially offset by both unfavorable mix and commodity costs.

Lifestyle

Three months endedNine months ended3/31/20253/31/2024% Change3/31/20253/31/2024% ChangeNet sales$306 $315 (3)%$964 $947 2 %Segment adjusted EBIT60 64 (6)196 192 2 

Volume, net sales and segment adjusted EBIT decreased by 2%, 3% and 6%, respectively, during the current three month period. The volume decrease was primarily due to lower consumption. The decrease in segment adjusted EBIT was primarily due to lower net sales. 

Volume increased by 3% and both net sales and segment adjusted EBIT increased by 2%, during the current nine month period. The volume increase was primarily due to lapping impacts from the cyberattack and retail inventory restoration. The increase in segment adjusted EBIT was primarily due to favorable commodity costs and higher net sales, partially offset by higher advertising investments.

28

SEGMENT RESULTS (Continued)

InternationalThree months endedNine months ended3/31/20253/31/2024% Change3/31/20253/31/2024% ChangeNet sales$263 $310 (15)%$796 $891 (11)%Segment adjusted EBIT31 38 (18)87 104 (16)

Both volume and net sales