The Clorox (CLX) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose compared to the immediately preceding quarter, but fell compared to the same quarter one year earlier. The sequential increase reversed a prior decline, while the year-over-year decrease continued a negative trend.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue for the quarter rose compared to the immediately preceding quarter, but fell compared to the same quarter one year earlier. The sequential increase reversed a prior decline, while the year-over-year decrease continued a negative trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
-5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.4B | -20.3% |
| Dec 31, 2023 | $2B | +16.0% |
| Mar 31, 2024 | $1.8B | -5.3% |
| Jun 30, 2024 | $1.9B | -5.7% |
Revenue performance
The company reported higher revenue than the prior quarter, reflecting a sequential improvement. However, revenue was lower than the same period last year, indicating persistent headwinds.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased, reversing the previous quarter's decline. Compared to the same quarter one year earlier, revenue decreased, extending the year-over-year decline seen in the prior quarter.
What to watch
The sequential improvement may be monitored alongside the ongoing year-over-year decline to assess whether demand is stabilizing.