Key facts
- Clorox reported Q1 net sales of $1.95 billion, a 4% increase year-over-year.
- Diluted earnings per share for Q1 rose 11% to $1.09.
- The company raised its full fiscal year 2024 net sales growth forecast to 3-5%.
- Clorox now expects FY24 diluted EPS to be in the range of $4.53 to $4.83.
The Clorox Company released its first quarter financial results, reporting a 4% increase in net sales, reaching $1.95 billion. Diluted earnings per share saw an 11% rise, coming in at $1.09. Following these results, the company has revised its outlook for the full fiscal year 2024. Clorox now anticipates net sales to grow between 3% and 5%. The projected earnings per share for the full fiscal year are now expected to fall within the range of $4.53 to $4.83.