The Clorox Company (CLX) Presents at Citi's 2026 Global Consumer & Retail Conference 2026 Transcript

SA Transcripts158.89K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call The Clorox Company (CLX) Citi's 2026 Global Consumer & Retail Conference 2026 March 9, 2026 8:45 AM EDT Company Participants Luc Bellet - Executive VP & CFO Conference Call Participants Filippo Falorni - Citigroup Inc., Research Division Presentation Operator All right. Thank you for joining us at the Global Consumer and Retail Conference. We are here with the Clorox Company. Filippo, you can take it over. Great. Filippo FalorniCitigroup Inc., Research Division Good morning, everyone. I'm Filippo Falorni, Citi's Beverages, Household Products and Personal Care analyst, and we're very happy to welcome the Clorox Company here. We have Luc Bellet, Clorox Executive Vice President and CFO. Luc, thanks so much for coming. Luc BelletExecutive VP & CFO Yes. Thank you, Filippo, and good morning, everyone. Maybe let's just start by taking a few moments to maybe frame where we're at in our transformations and how we've been navigating the current environment. I would say probably 3 key messages for you. First, we started the fiscal year knowing that the front half was going to be challenging. And this was driven by the environment, but also driven by the fact that we were implementing our ERP and expected some temporary negative impact. Now the second quarter came generally in line with expectations. And the good news is now the ERP implementation is behind us with cost complexity ramping down and then the benefit ramping up. Second message is we have strong plans for the back half of the year, and we expect to sequentially improve organic sales growth, and we're really focused on execution right now. Now this is really supported by a more stable supply now that we passed the ERP implementation, but also supported by the strong slate of innovation and demand creation plan. And then third, looking ahead, we feel like