The Clorox Company (NYSE:CLX) dbAccess Global Consumer Conference June 4, 2025 6:00 AM ET
Company Participants
Linda J. Rendle – CEO & Chairman
Luc Bellet – Executive VP & CFO
Conference Call Participants
Stephen Robert R. Powers – Deutsche Bank AG, Research Division
Stephen Robert R. Powers
With us today, Chair and Chief Executive Officer, Linda Rendle. Welcome back, Linda. And for the first time as Chief Financial Officer with us today is Luc Bellet. So Luc, welcome, and thanks for joining us.
Great. So we’re going to use the entirety of our time for Q&A, and we’ll just jump in.
Linda J. Rendle
Sounds great.
Question-and-Answer Session
Stephen Robert R. Powers
Good. So Linda, we’ll start with you. And I guess I’ve been starting most of the conversation this way just to level set. It’s been an eventful start to calendar ’25, lots of different crosscurrents and really net pressures on both the consumer and on your retail partners.
So if we’d start there and just talk about maybe your assessment of consumer health broadly, and how those dynamics have impacted your categories and your business effectively.
Linda J. Rendle
Perfect. I’ll start with maybe just a little bit of an opening comment on that, and then I’ll get directly to that question. As we entered our fiscal year, which started last July, we expect consumers to be under more pressure. And that meant we expected our categories to be instead of growing 2%, 2.5%, which is what we typically see, growing about 0 to 1% and we saw that through the first half of the year.
Beginning in February, in the middle of our Q3 is really when we saw another layer of changes for the consumer that I’ll get into. But maybe just the good news for our business
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