Clorox Reports Q1 Earnings Beat Driven by Strong Revenue Growth and GOJO Acquisition
The Clorox Company (CLX) reported first-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. Non-GAAP EPS reached $1.55, surpassing estimates by $0.48, while net sales rose 33% year-over-year to reach $1.91 billion, beating projections by $30 million. The significant surge in revenue was largely driven by the impact of the GOJO acquisition, which contributed approximately 15 percentage points to the total growth. Excluding this acquisition effect, organic sales grew by a robust 18%, signaling strong underlying demand across the company's product portfolio.
Tickers: $CLX
Topics: acquisition impact earnings beat organic sales revenue growth
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