SAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of The Clorox Company (NYSE: CLX). The investigation focuses on Clorox’s executive officers and whether investor losses may be recovered under federal securities laws.
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Background of the investigation
On April 30, 2026, Clorox reported its third quarter fiscal 2026 financial results and updated its full-year outlook. Among other things, the Company disclosed that gross margin decreased 140 basis points to 43.2%, compared to 44.6% in the prior-year period.
In addition, Clorox reduced its full-year fiscal 2026 gross margin outlook, stating that gross margin was now expected to decline 250 to 300 basis points, compared to the Company’s prior expectation at the low end of a 50 to 100 basis point decline range. During the Company’s earnings call, Clorox further disclosed that gross margin came in below expectations due to higher-than-expected supply chain costs and delayed cost savings as the Company prioritized ERP stabilization.
Following this disclosure, Clorox’s stock price declined sharply, damaging investors.
In light of this disclosure, Johnson Fistel is investigating whether Clorox complied with the federal securities laws. If you suffered losses from your investment in Clorox stock, contact Johnson Fistel.
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Contact
Johnson Fistel, PLLP
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James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471 | jimb@johnsonfistel.com | fjohnson@johnsonfistel.com
