The Clorox Company Q3 Fiscal Year 2026 Financial Results

The Clorox Company reported its financial results for the third quarter of fiscal year 2026, ending March 31, 2026. Net sales were flat at $1.67 billion, with a 1% decrease in organic sales. Gross margin declined by 140 basis points to 43.2%, attributed to increased manufacturing and logistics costs and unfavorable mix, partly offset by cost savings. Diluted EPS rose by 3% to $1.54, while Adjusted EPS increased by 13% to $1.64, driven by cost savings and lower selling expenses. Year-to-date net cash from operations decreased by 59%. The company completed the acquisition of GOJO Industries on April 1, 2026, expanding its portfolio with the Purell brand. Clorox updated its full-year outlook, now expecting net sales to decrease by about 6% and organic sales to decrease by about 9%, reflecting inventory drawdown from a prior ERP transition and the impact of the GOJO acquisition. Gross margin is expected to decline by 250 to 300 basis points. Full-year diluted EPS is projected to be between $4.78 and $4.98, and adjusted EPS between $5.45 and $5.65.