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Clorox (CLX) Raises Dividend: What it Means for Investors
ZACKS· 2024-07-31 15:16
This announcement precedes Clorox's upcoming fourth-quarter fiscal 2024 results, scheduled for release on Aug 1. Despite ongoing market uncertainties, it remains focused on its strategic initiatives, including robust brand investments and operational efficiencies aimed at sustaining growth and profitability. Scheduled to be paid on Aug 30, 2024, to shareholders of record as of Aug 14, 2024, this move marks another milestone in Clorox's long-standing tradition of rewarding its investors with dependable divid ...
Insights Into Clorox (CLX) Q4: Wall Street Projections for Key Metrics
ZACKS· 2024-07-31 14:20
In its upcoming report, Clorox (CLX) is predicted by Wall Street analysts to post quarterly earnings of $1.54 per share, reflecting a decline of 7.8% compared to the same period last year. Revenues are forecasted to be $1.97 billion, representing a year-over-year decrease of 2.4%. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more compr ...
Clorox Increases Quarterly Dividend to $1.22 Per Share
Prnewswire· 2024-07-30 20:15
Clorox has a long history of providing value to its shareholders through regular dividend payments and annual dividend increases. The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands, which include Brita®, Burt's Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr®, Pine-Sol® and Natural Vitality®, can be found in about nine of 10 U.S. homes and internationally with brands such as Clorinda®, Chux® and Poett®. Headquartered in Oak ...
Can Clorox's (CLX) Pricing & Cost-Saving Plan Aid Q4 Earnings?
ZACKS· 2024-07-29 16:56
The Clorox Company (CLX) is likely to register declines in the top and bottom lines when it reports fourthquarter fiscal 2024 results on Aug 1, 2024, before market open. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $7.2 billion, suggesting a decrease of 3.1% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has declined by a penny in the past seven days to $5.91 per share. The consensus mark indicates 16.1% growth from the prioryear quarter's actu ...
Clorox (CLX) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
ZACKS· 2024-07-25 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when Clorox (CLX) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future ...
Glad® and T-Boz Bring `90s Nostalgia to the Household Cleaning Experience
Prnewswire· 2024-07-22 17:00
"Scent absolutely rules my world," said Tionne "T-Boz" Watkins. "Scent, much like music, has the power to take us back; one scent, one song—and specific memories are instantly unlocked. There's power and truth in 'scent-stalgia,' and I'm thrilled to collaborate with Glad to playfully take people back to the `90s." Learn more at Glad.com/ScentsThatTakeYouBack/, follow @gladproducts on Instagram, TikTok, Facebook, YouTube, and Pinterest, and search for #ScentsThatTakeYouBack. Media Contacts: SOURCE Glad At it ...
7 Top Dividend Stocks to Buy for Long-Term Gains
Investor Place· 2024-07-19 17:00
In the current adverse macro environment, identifying reliable dividend stocks to buy may provide long-term financial stability and constant income. Dividend stocks offer a dual advantage. They provide regular income through dividends and have the potential for capital appreciation. John Wiley & Sons (WLY) The adjusted EBITDA margin for the quarter was 28.3%, exceeding its fiscal 2023 adjusted EBITDA margin of 23.3%, indicating improved operational efficiency and cost-management initiatives. Similarly, Wile ...
Why Clorox (CLX) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-12 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage ...
Clorox Announces Aug. 1 Webcast of Fourth-Quarter and Fiscal Year 2024 Results
Prnewswire· 2024-07-11 20:30
OAKLAND, Calif., July 11, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) will issue its fourthquarter and fiscal year 2024 results on Aug. 1, 2024. Timing for the announcement will be as follows: 1:15 p.m. PT / 4:15 p.m. ET: Press release and prepared management remarks posted on the company's website 2 p.m. PT / 5 p.m. ET: Live Q&A audio webcast for analysts with Chair and CEO Linda Rendle and Chief Financial Officer Kevin Jacobsen Links to the webcast, press release and prepared remarks can be found ...
Clorox's (CLX) Pricing & Cost Saving on Track: Apt to Hold?
ZACKS· 2024-07-09 17:20
Let's Delve Deeper For the fiscal 2024, the gross margin is projected to expand nearly 275 bps year over year on gains from lower input cost headwinds and the modest benefit from exiting Argentina. This reflects the combined benefit of pricing actions, cost savings and supply-chain optimization. The Clorox Company (CLX) appears in good shape thanks to its robust strategic efforts. The company has been gaining from pricing and cost-saving initiatives for a while now. Its integrated IGNITE strategy focuses on ...