Question · Q1 2026
Anna Jeanne Lizzul asked about potential retailer destocking trends and Clorox's exposure, especially given the ERP transition. She also inquired about increasing exposure to club and online channels, particularly for Glad, and any innovation tailored for these retailers or new pack sizes. Additionally, she sought thoughts on private label share growth, specifically in categories like wipes.
Answer
CEO Linda Rendle confirmed that the ERP implementation led to inventory rebuilding, so Clorox is not experiencing material destocking, and inventories are largely recovered. She noted a strong club business with specific innovation for members, acknowledging Glad has less club presence but strong distribution elsewhere for large sizes. On private label, she stated no material aggregate inroads, but highlighted Brita filters and bleach as categories being carefully watched for private label uptick, while the cleaning portfolio generally performs well against private label.