Clorox slips after trimming annual forecast

The Clorox

01/05/2026 09:51

Corrects second bullet to drop reference to cleaning-product demand as the reason for the forecast cut

** Shares of bleach maker Clorox CLX.N down 4.7% at $91.86 premarket

** Co cuts annual profit forecast

** Expects annual adjusted EPS between $5.45 and $5.65, down from its previous forecast of $5.95 to $6.30

** J.P. Morgan cuts PT to $95 from $99; says results were “fundamentally disappointing with greater-than-expected costs, despite a headline EPS beat”

** Reports Q3 adjusted EPS of $1.64, beating estimates of $1.55

** Quarterly revenue largely in line with estimates

** As of last close, CLX stock down 4.3% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))