Clorox Q1 2025: Focus on Operations Amidst Segment Disposals
Ticker: CLX · Form: 10-Q · Filed: 2024-10-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, consumer-staples, cybersecurity, divestiture
TL;DR
Clorox Q1 2025 results are in, showing ongoing operations and segment sales. Check the numbers for the full picture.
AI Summary
The Clorox Company reported its first quarter results for fiscal year 2025, ending September 30, 2024. The company's filing indicates a focus on ongoing business operations and strategic decisions, including the disposal of certain business segments. Specific financial figures for the quarter and comparative periods are detailed within the report.
Why It Matters
This filing provides insight into Clorox's financial performance and strategic direction, which can impact consumer product availability and investor confidence.
Risk Assessment
Risk Level: medium — The filing mentions a cyberattack in August 2023, which could indicate ongoing cybersecurity risks.
Key Numbers
- Q1 2025 — Fiscal Quarter (Reporting period for this 10-Q filing.)
- 2024-09-30 — End Date (End date of the reporting quarter.)
- 2023-09-30 — Prior Year End Date (End date of the comparative prior year quarter.)
Key Players & Entities
- CLOROX CO /DE/ (company) — Filer
- 20240930 (date) — Period of Report
- 20241030 (date) — Filing Date
- 2842 (dollar_amount) — Standard Industrial Classification Code
- 310595760 (dollar_amount) — IRS Number
- DE (company) — State of Incorporation
- 0630 (date) — Fiscal Year End
- 001-07151 (dollar_amount) — SEC File Number
- 1221 BROADWAY (dollar_amount) — Business Street Address
- OAKLAND (company) — Business City
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the first quarter of fiscal year 2025, which ended on September 30, 2024.
What business segments were disposed of by sale?
The filing indicates the disposal of the Vitamins Minerals and Supplements Business and the Argentina Business.
When did the cyberattack mentioned in the filing occur?
The cyberattack mentioned occurred in August 2023.
What is Clorox's Standard Industrial Classification code?
Clorox's Standard Industrial Classification code is 2842, for Specialty Cleaning, Polishing and Sanitation Preparations.
What is the company's fiscal year end?
The company's fiscal year ends on June 30th.
From the Filing
0000021076-24-000040.txt : 20241030 0000021076-24-000040.hdr.sgml : 20241030 20241030164435 ACCESSION NUMBER: 0000021076-24-000040 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 77 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLOROX CO /DE/ CENTRAL INDEX KEY: 0000021076 STANDARD INDUSTRIAL CLASSIFICATION: SPECIALTY CLEANING, POLISHING AND SANITATION PREPARATIONS [2842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 310595760 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-07151 FILM NUMBER: 241410989 BUSINESS ADDRESS: STREET 1: THE CLOROX COMPANY STREET 2: 1221 BROADWAY CITY: OAKLAND STATE: CA ZIP: 94612-1888 BUSINESS PHONE: 5102717000 MAIL ADDRESS: STREET 1: P.O. BOX 24305 CITY: OAKLAND STATE: CA ZIP: 94612-1305 10-Q 1 clx-20240930.htm 10-Q clx-20240930 0000021076 false 6/30 Q1 2025 http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure clx:segment 0000021076 2024-07-01 2024-09-30 0000021076 2024-10-16 0000021076 2023-07-01 2023-09-30 0000021076 2024-09-30 0000021076 2024-06-30 0000021076 2023-06-30 0000021076 2023-09-30 0000021076 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember clx:VitaminsMineralsAndSupplementsBusinessMember 2024-07-01 2024-09-30 0000021076 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember clx:VitaminsMineralsAndSupplementsBusinessMember 2024-09-30 0000021076 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember clx:VitaminsMineralsAndSupplementsBusinessMember 2023-07-01 2023-09-30 0000021076 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember clx:ArgentinaBusinessMember 2023-07-01 2023-09-30 0000021076 clx:August2023CyberattackMember 2024-07-01 2024-09-30 0000021076 clx:August2023CyberattackMember 2023-07-01 2023-09-30 0000021076 us-gaap:CostOfSalesMember clx:August2023CyberattackMember 2024-07-01 2024-09-30 0000021076 us-gaap:CostOfSalesMember clx:August2023CyberattackMember 2023-07-01 2023-09-30 0000021076 us-gaap:SellingGeneralAndAdministrativeExpensesMember clx:August2023CyberattackMember 2024-07-01 2024-09-30 0000021076 us-gaap:SellingGeneralAndAdministrativeExpensesMember clx:August2023CyberattackMember 2023-07-01 2023-09-30 0000021076 us-gaap:OtherNonoperatingIncomeExpenseMember clx:August2023CyberattackMember 2024-07-01 2024-09-30 0000021076 us-gaap:OtherNonoperatingIncomeExpenseMember clx:August2023CyberattackMember 2023-07-01 2023-09-30 0000021076 srt:MaximumMember 2024-09-30 0000021076 us-gaap:EmployeeSeveranceMember 2024-06-30 0000021076 us-gaap:OtherRestructuringMember 2024-06-30 0000021076 us-gaap:EmployeeSeveranceMember 2024-07-01 2024-09-30 0000021076 us-gaap:OtherRestructuringMember 2024-07-01 2024-09-30 0000021076 us-gaap:EmployeeSeveranceMember 2024-09-30 0000021076 us-gaap:OtherRestructuringMember 2024-09-30 0000021076 clx:TotalCommodityPurchaseDerivativeContractsMember 2024-07-01 2024-09-30 0000021076 clx:TotalCommodityPurchaseDerivativeContractsMember 2024-09-30 0000021076 clx:TotalCommodityPurchaseDerivativeContractsMember 2024-06-30 0000021076 us-gaap:ForeignExchangeContractMember clx:PurchasesofInventoryMember 2024-09-30 0000021076 us-gaap:ForeignExchangeContractMember clx:PurchasesofInventoryMember 2024-06-30 0000021076 us-gaap:CommodityContractMember 2024-07-01 2024-09-30 0000021076 us-gaap:CommodityContractMember 2023-07-01 2023-09-30 0000021076 us-gaap:ForeignExchangeContractMember 2024-07-01 2024-09-30 0000021076 us-gaap:ForeignExchangeContractMember 2023-07-01 2023-09-30 0000021076 us-gaap:InterestRateContractMember 2024-07-01 2024-09-30 0000021076 us-gaap:InterestRateContractMember 2023-07-01 2023-09-30 0000021076 us-gaap:CommodityContractMember 2024-09-30 0000021