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Clorox Q4 Earnings Call Highlights
['Patrick Bannon']
Daily Political
Rendle said Clorox expects category growth to remain muted in fiscal 2027, broadly consistent with fiscal 2026, as consumers continue seeking value.
Inflation, pricing and marginsCFO Luc Bellet said Clorox expects fiscal 2027 inflation of more than $200 million, more than double the company’s historical range of $75 million to $100 million.
Clorox expects to begin recovering gross margin in the second half, although it does not expect to fully recover margin for the full year.
Clorox expects fiscal 2027 free cash flow to remain within its targeted range of 11% to 13% of sales.
About Clorox (NYSE:CLX)The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives.