Q2 2026 Clorox Co Earnings Call Transcript
Key Points
- Clorox Co (CLX) delivered results largely in line with expectations despite a challenging macroeconomic environment.
- The company is advancing its digital transformation and enhancing execution, which is expected to drive future growth.
- Clorox Co (CLX) is optimistic about its planned acquisition of Gojo Industries, which is expected to expand its leadership in health and hygiene.
- The company has strong innovation plans for the back half of the fiscal year, including new product launches across major brands.
- Clorox Co (CLX) has built a robust capability in revenue growth management to ensure competitive pricing and value for consumers.
- Clorox Co (CLX) experienced a decline in market share during the quarter, although there was sequential improvement.
- The competitive environment remains intense, particularly in the trash bag and cat litter categories, impacting pricing and promotions.
- The company faced higher than anticipated supply chain costs, which affected gross margins.
- Clorox Co (CLX) is still dealing with the temporary impacts of its ERP implementation, which has affected shipments and inventory levels.
- The consumer environment remains under pressure, with a focus on value and a shift towards larger pack sizes and value-oriented channels.
Good day, ladies and gentlemen, and welcome to the Clorox Company second quarter, fiscal year 2026, earnings release conference call. (Operator Instructions)
As a reminder, this call is being recorded.
I would now like to introduce your host for today's conference call, Ms. Lisa Burhan, Vice President of investor relations for the Clorox Company. Ms. Burhan, you may begin your conference.
Thanks, Jen. Joining me today are chair and CEO Linda Randall and CFO Luke Vele. The following remarks include forward-looking statements that are based on management's current expectations but may differ from actual results or outcomes. In addition, these remarks refer to certain non-GAAP financial measures. Please refer to fixed earnings relief, which identifies various factors that could affect forward-looking statements and provides information that reconciles non-GAAP financial measures to the most directly comparable GAAP measures.
The risk factors section of the company's Form 10k
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