Company: CLX
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000021076-25-000023
Chunk: 24

Company: CLOROX CO /DE/
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 — 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.

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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 %International16 %17 %15 %17 %Corporate and Other— %3 %1 %3 %Total100 %100 %100 %100 %

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The Clorox Company(Dollars in millions, except per share data)

Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) is designed to provide a reader of The Clorox Company’s (