Clorox Reports Q3 EPS of $1.86 on Revenue of $1.76B, Beats Estimates by $0.47, Raises FY25 Guidance

Clorox reported a non-GAAP earnings per share (EPS) of $1.86 for the third quarter of 2024, beating expectations by $0.47. The company's revenue reached $1.76 billion, surpassing forecasts by $120 million. Following a cyberattack that disrupted production last year, Clorox has fully regained its market share, aided by increased advertising efforts. Additionally, Clorox raised its fiscal year 2025 EPS guidance above consensus while reaffirming its revenue guidance for the same period. CEO Linda Rendle discussed the company's recovery process during a recent interview, highlighting the challenges faced and the strategies implemented to restore operations and business performance.