CLOROX CO DE
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
CLX$106.60+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Earnings and Comprehensive Income
Item 1. Financial Statements
Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited)
| Three months ended | Nine months ended | |||
|---|---|---|---|---|
| 3/31/2024 | 3/31/2023 | 3/31/2024 | 3/31/2023 | |
| Net sales | $1,814 | $1,915 | $5,190 | $5,370 |
| Cost of products sold | 1,048 | 1,115 | 3,026 | 3,324 |
| Gross profit | 766 | 800 | 2,164 | 2,046 |
| Selling and administrative expenses | 301 | 311 | 899 | 854 |
| Advertising costs | 215 | 206 | 566 | 523 |
| Research and development costs | 32 | 35 | 93 | 100 |
| Loss on divestiture | 240 | — | 240 | — |
| Pension settlement charge | — | — | 171 | — |
| Goodwill, trademark and other asset impairments | — | 445 | — | 445 |
| Interest expense | 22 | 24 | 69 | 69 |
| Other (income) expense, net | (2) | 24 | 3 | 54 |
| Earnings (losses) before income taxes | (42) | (245) | 123 | 1 |
| Income tax expense (benefit) | 8 | (36) | 52 | 21 |
| Net earnings (losses) | (50) | (209) | 71 | (20) |
| Less: Net earnings attributable to noncontrolling interests | 1 | 2 | 7 | 7 |
| Net earnings (losses) attributable to Clorox | $(51) | $(211) | $64 | $(27) |
| Net earnings (losses) per share attributable to Clorox | ||||
| Basic net earnings (losses) per share | $(0.41) | $(1.71) | $0.52 | $(0.22) |
| Diluted net earnings (losses) per share | $(0.41) | $(1.71) | $0.52 | $(0.22) |
| Weighted average shares outstanding (in thousands) | ||||
| Basic | 124,249 | 123,649 | 124,133 | 123,512 |
| Diluted | 124,249 | 123,649 | 124,721 | 123,512 |
| Comprehensive income (loss) | $154 | $(205) | $409 | $(39) |
| Less: Total comprehensive income attributable to noncontrolling interests | 1 | 2 | 7 | 7 |
| Total comprehensive income (loss) attributable to Clorox | $153 | $(207) | $402 | $(46) |
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