Surprise Me!

Clorox Stock Drops After Worse-Than-Expected Q3 Results: 'Heightened Macroeconomic Uncertainties' Lowered Sales, CEO says

2025-05-06 10 Dailymotion

Clorox released its third-quarter earnings after Monday’s close, highlighting key financial results in its latest report. The company missed analyst expectations with quarterly earnings of $1.45 per share and revenue of $1.67 billion. Both figures missed analysts' estimates and are down from the prior year’s results. CEO Linda Rendle said macroeconomic uncertainty led to slower sales in the third quarter, a trend expected to continue into the fourth quarter. Clorox reaffirmed its fiscal 2025 adjusted EPS guidance of $6.95 to $7.35 per share. It now expects fiscal 2025 revenue to total up to $7.09 billion, slightly below expectations.