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The Clorox (CLX) Benno O. Dorer on Q1 2016 Results - Earnings Call Transcript


Please stand by. Good day, ladies and gentlemen and welcome to The Clorox Company First Quarter Fiscal Year 2016 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. At the conclusion of our prepared remarks, we will conduct a question-and-answer session. As a reminder, this call is being recorded.

I would now like to introduce your host for today's conference call, Mr. Steve Austenfeld, Vice President of Investor Relations for The Clorox Company. Mr. Austenfeld, you may begin your conference.

Steven Austenfeld - Vice President-Investor Relations

Great, thank you. Welcome everyone and thank you for joining Clorox's first quarter conference call. On the call with me today are Benno Dorer, Clorox's CEO and Steve Robb, our Chief Financial Officer. We're broadcasting this call over the Internet and a replay of the call will be available for seven days at our website

Let me remind you that on today's call, we will refer to certain non-GAAP financial measures, including but not limited to, free cash flow, EBIT margin, debt-to-EBITDA and economic profit. Management believes that...