Clorox reported sharply weaker fiscal 2026 results, with revenue falling 5.4% to $6.72 billion and diluted EPS dropping 26% to $4.81. Net income declined from $810 million to $587 million, while gross margin fell 290 basis points to 42.3% on higher manufacturing and logistics costs. The company, whose brands include Clorox, Glad, Fresh Step, Kingsford, Hidden Valley, Brita and Burt's Bees, said the results were also affected by ERP implementation issues, sales timing and soft consumer demand. Clorox added GOJO, the maker of Purell, in 2026 and bought P&G's remaining 20% stake in the Glad bags and wraps business. At around $80 a share, the stock trades at roughly 18 times trailing earnings and about 15 times forward earnings, down from 17.2 times in September 2025, leaving a forward earnings yield of roughly 6.7% against a 10-year Treasury yield of around 5.3% to 5.4%.
The Clorox CompanyFiscal 2026 revenue fell 5.4% and EPS dropped 26% with gross margin down 290bp on higher costs.
Procter & Gamble CompanyClorox added GOJO, maker of Purell, in 2026, mentioned only as an acquisition.
