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More on Clorox's FQ3

May 01, 2015 9:23 AM ETThe Clorox Company (CLX) StockBy: Niloofer Shaikh, SA News Editor1 Comment
  • Clorox (NYSE:NYSE:CLX) reports sales rose 5% if the impact of currency swings is backed out.
  • Volume was up 1% for the quarter.
  • Gross margin rate +110 bps to 43.2%.
  • Segment revenue: Cleaning: $442M (+1%), Household: $451M (+5%), Lifestyle: $243M (+3%), International: $265M (flat & 10% growth on currency-neutral basis).
  • FY2015 Guidance: Sales: ~+1% to +2%; EBIT margin: ~flat; Diluted EPS: $4.45 to $4.55; Tax rate: ~34%.
  • FQ3 results

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