Company: CLX
Filing Date: 2025-02-03
Form Type: 10-Q
Source: 0000021076-25-000013
Chunk: 22

Company: CLOROX CO /DE/
Filing Date: 2025-02-03
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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/31/202412/31/2023Health and Wellness— %9 %— %15 %Household— 11 — 11 Lifestyle— 12 — 13 International— 7 — 4 Corporate and Other100 61 100 57 Total100 %100 %100 %100 %(4)Represents restructuring and related implementation costs, net for the streamlined operating model of $3 for both the three and six months ended December 31, 2023, 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 15. 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 26% for both the three and six months ended December 31, 2024, and 23% and 25% for the three and six months ended December 31, 2023, respectively.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 endedSix months ended12/31/202412/31/202312/31/202412/31/2023Cleaning32 %31 %33 %31 %Professional Products5 5 5 5 Health and Wellness37 %36 %38 %36 %Bags and Wraps12 12 12 11 Cat Litter10 9 9 9 Grilling5 4 5 4 Household27 %25 %26 %24 %Food11 11 11 10 Water Filtration4 4 4 5 Natural Personal Care5 5 4 4 Lifestyle20 %20 %19 %19 %International16 %16 %16 %17 %Corporate and Other— %3 %1 %4 %Total100 %100 %100 %100 %

NOTE 16. SUBSEQUENT EVENTS

Venture AgreementThe Company has an agreement with The Procter & Gamble Company (P&G) for the Company’s Glad bags and wraps business. In