Clorox reports Q1 adjusted EPS 49, consensus (22c)

Reports Q1 revenue $1.4B, consensus $1.31B. “After entering the fiscal year with solid momentum, the August cyberattack caused wide-scale disruptions that are impacting our short-term financial performance,” said CEO Linda Rendle. “Looking forward, our near-term priorities are clear: We are laser focused on rebuilding customer inventories, preserving merchandising activities, and ultimately rebuilding distribution and market share.We are confident that our portfolio of leading brands in essential categories and our IGNITE strategy will enable us to deliver consistent, profitable growth over time.”