Clorox Revenue Drops; Expects Slowdown in Shopping to Continue $CLX https://t.co/GalQgjfLrP
Clorox, $CLX, Q3-25. Results: š Adj. EPS: $1.45 š“ š° Revenue: $1.67B š“ š Despite lower sales, Clorox delivered strong margin expansion and held market share, marking its 10th straight quarter of gross margin growth.
Clorox Revenue Drops; Expects Slowdown in Shopping to Continue https://t.co/fgFrtzzHxp
Clorox reported its third-quarter fiscal 2025 earnings with adjusted earnings per share (EPS) of $1.45, missing analysts' estimates of $1.57. The company's revenue declined to $1.67 billion, falling short of the expected $1.73 billion. Despite the drop in sales, Clorox achieved its tenth consecutive quarter of gross margin expansion and maintained its market share. The company also indicated that it anticipates a continued slowdown in consumer shopping activity. Separately, Kilroy Realty reported first-quarter funds from operations (FFO) of $1.02 per share, slightly below the $1.03 estimate, and sales of $266.24 million, missing the $275.08 million forecast.