Clorox Co. slashed its full-year earnings outlook, cutting guidance for earnings per share to a range of $4.78 to $4.98 from the previous $5.60 to $5.95. The cleaning-products giant cited transaction costs from its acquisition of Purell-maker Gojo Industries along with substantial long-term investments in digital capabilities.

The company completed its Gojo acquisition on April 1, and the deal's integration costs are weighing on results. Clorox also disclosed it has invested approximately $580 million in new digital capabilities and productivity improvements since fiscal year 2022 through the third quarter of the current fiscal year.

Adjusted earnings per share guidance was lowered to a range of $5.45 to $5.65, down from the prior range of $5.95 to $6.30. The reduced outlook signals mounting pressure on the company's profitability as it manages acquisition integration and strategic investments simultaneously.