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Clorox reports higher Q4 earnings but sees net sales decline, leading to mixed market reactions.
Clorox reported a higher-than-expected Q4 EPS of $1.55, with a 15% drop in net sales to $1.69 billion.
The company's stock initially rose to $159.80 but fell 2.28% after-hours to $155.13.
Clorox's gross margin increased to 43.8%, and it declared a quarterly dividend of $1.22 per share.
The company raised its FY 2025 guidance to 6.950-7.350 EPS.
Despite financial improvements, analysts have mixed ratings on the stock.
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Clorox reporta mayores ganancias Q4, pero ve una disminución neta de las ventas, lo que lleva a reacciones de mercado mixtas.