The Clorox Company's (CLX) CEO Linda Rendle on Q3 2022 Results - Earnings Call Transcript

The Clorox Company (NYSE:CLX) Q3 2022 Earnings Conference Call May 2, 2022 5:00 PM ET

Company Participants

Lisah Burhan - Vice President, Investor Relations

Linda Rendle - Chief Executive Officer

Kevin Jacobsen - Chief Financial Officer

Conference Call Participants

Dara Mohsenian - Morgan Stanley

Andrea Teixeira - JPMorgan

Peter Grom - UBS

Chris Carey - Wells Fargo

Kaumil Gajrawala - Credit Suisse

Jason English - Goldman Sachs

Kevin Grundy - Jefferies

Steve Powers - Deutsche Bank

Lauren Lieberman - Barclays

Operator

Good day, ladies and gentlemen, and welcome to The Clorox Company Third Quarter Fiscal Year 2022 Earnings Release Conference Call. [Operator Instructions] As a reminder, this call is being recorded.

I would now like to introduce your host for today’s conference call, Ms. Lisah Burhan, Vice President of Investor Relations for The Clorox Company. Ms. Burhan, you may begin your conference.

Lisah Burhan

Thank you, Erica. Good afternoon and thank you for joining us. On the call with me today are Linda Rendle, our CEO and Kevin Jacobsen, our CFO. I hope everyone has had a chance to review our earnings release and prepared remarks, both of which are available on our website. In just a moment, Linda will share a few opening comments and then we will take your questions.

During this call, we may make forward-looking statements, including about our fiscal year 2022 outlook and the potential impact of COVID-19 pandemic on our business. These statements are based on management’s current expectations, but may differ from actual results or outcomes. In addition, we may refer to certain non-GAAP financial measures. Please refer to the forward-looking statements section, which identifies various factors that could affect such forward-looking statements and the non-GAAP financial information section, including the tables that reconcile non-GAAP financial measures to the most directly comparable GAAP measures, both of which are located at the end of today’s earnings release, which has also been filed with the SEC.

Now, I will turn it over to Linda.

Linda Rendle

Hello, everyone. Thank you for joining us. I hope you and your families are well. Hopefully, you found our prepared remarks helpful. I am encouraged that we continue to see strong consumer demand for our brands and made progress on our near-term and long-term strategic plans in the third quarter amid a highly dynamic and challenging environment. Importantly, we delivered on our commitment to drive sequential gross margin improvement.