Clorox Corporation (NYSE:CLX) posted upbeat third-quarter results and updated full-year guidance on Thursday.
Clorox reported third-quarter revenue of $1.67 billion, flat versus the same period year-over-year. Organic sales were down 1% year-over-year in the quarter.
The company’s revenue total beat a Street consensus estimate of $1.667 billion, according to data from Benzinga Pro. Clorox reported third-quarter earnings per share of $1.64, beating a Street consensus estimate of $1.55.
“Our third-quarter results were mixed, with continued momentum in some parts of our portfolio and slower-than-anticipated market share recovery in others,” Clorox CEO Linda Rendle said.
Updated guidance for Clorox calls for net sales to be down 6% year-over-year in fiscal 2026. The company lowered its adjusted earnings per share guidance for the full fiscal year …
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