The Clorox Company reported first-quarter fiscal 2027 results with net sales increasing 33% to $1.91 billion and diluted earnings per share rising 114% to $1.39 from $0.65 in the prior year period. The strong performance was driven by a 15-point contribution from the GOJO acquisition, which boosted Health and Wellness sales by 62%, and organic sales growth of 18%. Adjusted diluted EPS increased 82% to $1.55. While maintaining full-year net sales guidance of up 13-14%, management updated its outlook for adjusted EPS to the low end of the previous range ($5.70-$6.00) due to higher-than-normal inflationary pressures and negative mix affecting gross margins, which are now expected to be around 41.5%. The company operates in the consumer goods industry, manufacturing and distributing household cleaning products, personal care items, and professional hygiene solutions.
