Aug. 3 at 8:17 PM
$CLX
The company's effective tax rate is expected to be about 23%.
Diluted EPS is expected to be between
$5.41 and
$5.71, a year-over-year increase of 12% to 19%, respectively. This includes about 29 cents of impact from transaction-related costs associated with the GOJO acquisition, which are expected to flow through cost of goods sold as well as selling and administrative expenses.
Adjusted EPS is expected to be between
$5.70 and
$6.00 vs
$5.95 consensus, or an increase between 3% and 8%, respectively. These growth rates include the benefit of lapping the inventory drawdown related to the ERP transition in the prior year.
