UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-07151 THE CLOROX COMPANY (Exact name of registrant as specified in its charter) Delaware 31-0595760 (State or other jurisdic ...

Clorox Company Conference Call Summary Company Overview - **Company**: The Clorox Company (NYSE: CLX) - **Event**: 2022 Barclays Global Consumer Staples Conference - **Date**: September 07, 2022 - **Participants**: - Linda Rendle - CEO - Kevin Jacobsen - CFO Key Points Industry Context and Operating Model - The company is operating in a challenging environment and is taking actions to grow margins and maintain top-line momentum [3] - A new streamlined operating model was announced, aiming for cost savings of $75 million to $100 million, with benefits expected to begin in the latter half of fiscal year 2023 and continue into fiscal year 2024 [3][12] Digital Transformation - A $500 million investment in digital transformation, including a new ERP system, is underway to modernize capabilities and support long-term growth [5][6] - The ERP system is over 20 years old and is being replaced to improve internal visibility and efficiency [6][8] Margin Recovery and Cost Management - The company aims to rebuild gross margins to pre-pandemic levels of approximately 44%, having lost about 800 basis points during the pandemic [17] - Expected margin improvement of about 200 basis points for the current year, despite facing 550 basis points of cost inflation [17] - The company is focused on pricing actions, cost savings, and optimizing the supply chain to support margin recovery [17][39] Retailer Relationships and Pricing Strategy - Discussions with retailers about pricing are becoming more nuanced due to consumer pressure and inflation [19][20] - The company expects to implement additional pricing plans in the back half of the year to cover inflation and improve margins [36][39] Inventory Management - Inventory levels are about 50% higher than pre-pandemic levels, but the company has started to reduce inventory, aiming for a return to more normalized levels [23][24] - The company has seen improvements in supply chain stability, allowing for better inventory management [24] Innovation and Brand Investment - Clorox has launched innovations in 28 categories in the last fiscal year, with a focus on maintaining advertising and innovation spending [6][14] - The company is committed to investing in its brands to ensure long-term growth and consumer relevance [14][27] International Growth - The company sees international markets as a growth opportunity, with plans to expand beyond Latin America into more stable markets [44] - Recent efforts have doubled the distribution in several countries, contributing positively to organic sales growth [44] Overall Performance and Future Outlook - The company has averaged 5% growth over the last three years, with strong performance in various segments despite challenges in the cleaning category [29][41] - Clorox is focused on balancing short-term tactical execution with long-term strategic goals to ensure sustainable growth [27][30] Additional Insights - The company acknowledges the need for continuous adaptation in response to market dynamics and consumer behavior changes post-pandemic [32] - Clorox is committed to maintaining a strong relationship with retailers while navigating the complexities of pricing and inventory management [19][20]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 10-K __________________ ☑ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended June 30, 2022 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __________to__________. Commission file number: 1-07151 | --- | --- | --- | |--------------------------------------------- ...

The Clorox Company (NYSE:CLX) Q4 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - CEO Kevin Jacobsen - CFO Conference Call Participants Peter Grom - UBS Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Kaumil Gajrawala - Credit Suisse Jason English - Goldman Sachs Dara Mohsenian - Morgan Stanley Kevin Grundy - Jefferies Lauren Lieberman - Barclays Investment Bank Olivia Tong - Raymond James Steve Powers - Deutsche Bank Operator Good day, l ...

Summary of The Clorox Company Conference Call Company Overview - **Company**: The Clorox Company (NYSE: CLX) - **Participants**: - Linda Rendle - Chief Executive Officer - Kevin Jacobsen - Chief Financial Officer - Stephen Powers - Head of US Consumer Packaged Goods Research, Deutsche Bank Key Industry Insights - **Dynamic Environment**: The company has experienced significant changes in the business environment, with both tailwinds and headwinds affecting operations [3][4] - **Sales Growth**: Clorox has achieved approximately 2% sales growth in the previous strategy period and averaged 5% over the last three years, attributed to increased consumer engagement and brand introduction [4] Financial Performance - **Cost Inflation**: Clorox faced $530 million in cost inflation primarily in commodities and logistics, which is significantly higher than the typical $50 million in a normal year [16] - **Margin Recovery**: The company aims to rebuild margins lost due to inflation, with expectations to return to pre-pandemic margin levels of about 44% over time [41][42] Supply Chain Management - **Supply Chain Challenges**: The company has dealt with over 200 force majeures affecting supply chain operations, leading to increased costs and the need for enhanced resiliency [8][9] - **In-house Production**: Clorox plans to revert to an 80:20 in-house versus third-party manufacturing ratio, which is expected to be a significant margin driver [11][12] Pricing Strategy - **Price Increases**: Clorox has implemented three rounds of price increases, with the largest set for July, and is monitoring consumer response closely [20][21] - **Consumer Elasticity**: Early indicators suggest that pricing elasticity is better than pre-pandemic levels, with no significant trade-down observed so far [19][21] Strategic Initiatives - **IGNITE Strategy**: The company’s strategy focuses on innovation, cost savings, and enhancing brand experiences, with a strong emphasis on ESG (Environmental, Social, and Governance) commitments [26][28] - **Investment in Technology**: Clorox is investing $500 million in technology transformation to improve efficiency and effectiveness [5][39] Market Position and Consumer Behavior - **Private Label Competition**: Clorox has seen a slight increase in private label share but continues to outperform in market share growth [23][24] - **Consumer Sensitivity**: The company is aware of potential consumer trading down due to economic pressures but believes its strong brand value will mitigate this risk [24][21] International Market Outlook - **Growth Opportunities**: Clorox sees potential for growth in international markets, particularly in cleaning and personal care segments, while managing exposure to volatile regions [58][60] - **Distribution Expansion**: The company aims to expand distribution in international markets, leveraging its strong brand portfolio [59][64] Long-term Vision - **Sustainability Goals**: Clorox has set ambitious sustainability targets, including reducing virgin plastic and fiber packaging by 50% by 2030 [70][71] - **Purpose-Driven Growth**: The company emphasizes a purpose-driven approach to growth, focusing on stakeholder needs and long-term value creation [70][72] Conclusion - Clorox is navigating a complex environment with strategic pricing, supply chain management, and a focus on innovation and sustainability to drive future growth while addressing inflationary pressures and consumer behavior changes. The company remains optimistic about its long-term prospects and market position.

The Clorox Company (NYSE:CLX) Bernstein 38th Annual Strategic Decisions Conference June 2, 2022 1:30 PM ET Company Participants Kevin Jacobsen - Executive Vice President and Chief Financial Officer Conference Call Participants Callum Elliott - Bernstein Callum Elliott Perfect. I think we're good to go. So we're going to get started. I'm sure some people will trickle in at the back. Good afternoon, everybody. Hope you enjoyed the lunch, delighted to welcome you to this 38th Annual Strategic Decisions Confer ...

The Clorox Company (NYSE:CLX) RBC Capital Markets 2022 Global Consumer & Retail Conference June 1, 2022 11:20 AM ET Company Participants Kevin Jacobsen - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Nik Modi Good morning, everyone. My name is Nik Modi, RBC's senior HBC beverage packaged food and tobacco analyst. Welcome to the RBC Global Consumer Conference. I'm pleased to welcome Clorox Company to the conference this year once again. I'm joined by Clorox's CFO, Kevin ...

The Clorox Company (NYSE:CLX) Q3 2022 Earnings Conference Call May 2, 2022 5:00 PM ET Company Participants Lisah Burhan - Vice President, Investor Relations Linda Rendle - Chief Executive Officer Kevin Jacobsen - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan Peter Grom - UBS Chris Carey - Wells Fargo Kaumil Gajrawala - Credit Suisse Jason English - Goldman Sachs Kevin Grundy - Jefferies Steve Powers - Deutsche Bank Lauren Lieberman - Barclays ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-07151 THE CLOROX COMPANY (Exact name of registrant as specified in its charter) Delaware 31-0595760 (State or other jurisdiction ...

The Clorox Company (NYSE:CLX) Q2 2022 Results Conference Call February 3, 2022 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - CEO Kevin Jacobsen - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Securities Kaumil Gajrawala - Credit Suisse Lauren Lieberman - Barclays Kevin Grundy - Jefferies Jason English - Goldman Sachs Peter Grom - UBS Linda Bolton-Weiser - D.A. Davidson Operator Good day, ladies and gentlemen, and ...