Clorox backs FY26 adjusted EPS view $5.95-$6.30, consensus $6.00

Backs FY26 net sales view down 6%-10%, consensus $6.5B. Gross margin is still expected to be down 50 to 100 basis points. The reversal of the impact from incremental shipments associated with ERP transition in the prior fiscal year is expected to result in about 100 basis points of headwinds. Selling and administrative expenses are still expected to be about 16% of net sales. It continues to include about 90 basis points.