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21:00
Aug 03 ◎

CLX FY2026 Q4 Watch

Clorox Company (The) (CLX) FY2026 Q4 Earnings Call

PG CHD PM UPS FDX ▾

Linda Rendle

Management indirectly references competitive promotional pressure in trash bags (a key Glad category where P&G also competes), impacting category growth and pricing dynamics.

"retailers made some choices on merchandising to go after value shopping consumers and put smaller sizes on deal."

PG WATCH

Linda Rendle

The recovery of Hidden Valley Ranch share signals a win against competitors in the salad dressing category, which may pressure competitor performance in the near term.

"we saw the turnaround of share for Hidden Valley Ranch behind all the actions we took on innovation, price pack architecture, marketing spend"

CHD WATCH

Linda Rendle

Retailers in the grilling category shifted promotional strategy toward smaller pack sizes to target value-seeking consumers, which contributed to a category decline and hurt Kingsford's share. — This indicates a retailer-led shift in promotional mechanics that could impact how grilling companies plan their seasonal volume and trade spend.

"retailers made some choices on merchandising to go after value shopping consumers and put smaller sizes on deal. We'll correct that next year because it's actually better to load consumers earlier in the season"

PM WATCH

Luc Bellet

Inflationary pressures are now spreading beyond just commodity inputs to broader supply chain categories like ocean freight, trucking, and other logistics expenses, making the overall $200M inflation estimate for FY2027 more persistent and less predictable. — This signals that inflation is becoming a broader logistics issue, which could translate into higher freight costs for shippers and pricing power for logistics providers.

"While commodities remain a significant driver, we are also seeing inflation across a broader areas of supply chain, including supplier costs, ocean freight, trucking costs, and other logistic related expenses."

UPS WATCH FDX WATCH

Linda Rendle

Guidance is cautious, assuming continued muted category growth and pervasive value-seeking behavior. The company plans to offset with targeted investments in superiority, but the top-line outlook is flat to slightly positive.

"We expect the categories to continue to be muted given what's going on from a macroeconomic perspective and consumers continuing to engage in value seeking behaviors"

CLX WATCH

HIGH

21:00
Apr 30 ◎

CLX FY2026 Q3 Watch

Clorox Company (The) (CLX) FY2026 Q3 Earnings Call

CLX ▾

Linda Rendell

Management's tone is cautious and neutral, acknowledging missed expectations in Q3 due to supply chain costs and delayed savings, while expressing confidence in the long-term path forward with innovation and distribution gains.

"That said, the pace of improvement has been slower than we expected in some businesses, and as a result, our third quarter results were mixed and fell short of our expectations."

CLX WATCH

HIGH

22:00
Feb 03 ◎

CLX FY2026 Q2 Watch

Clorox Company (The) (CLX) FY2026 Q2 Earnings Call

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