Investment Thesis In my previous article, I discussed Clorox's growth prospects ahead benefiting from price increases, and sequential volume recovery as the company works towards recovering distribution losses resulting from last year's cyberattack. Since then, the company has reported earnings for its third quarter of fiscal 2024, and while these dynamics were seen, its sales were impacted by temporary supply chain constraints which impacted its efforts to recover distribution losses in some categories. In ...

Kingsford is enlisting veteran sponsored-retirement partner and ribs MVP Vince Wilfork to welcome Kelce into the world of charcoal and show that "Slow is King" when it comes to life and grilling. Wilfork announced his retirement in 2017 alongside Kingsford, championing a lifestyle centered around quality moments with loved ones around the grill. Now, it's Jason's turn to step up to the coals. Football fans and grilling enthusiasts alike can follow along on Jason's quest to master the grill throughout the su ...

Union Pacific (UNP -1.02%), United Parcel Service (UPS -3.06%), and Clorox (CLX -1.29%) all have what it takes to be lifelong holdings as well, especially if you're interested in generating passive income. Here's why these companies stand out as solid blue chip dividend stocks to buy now and hold forever. Lee Samaha (Union Pacific): The West Coast railroad operates in an effective duopoly in its geography. While railroads face competition from trucking and other forms of transportation, the fact that they o ...

Clorox is turning things around, but challenges remain. Here's what's going wrong for Clorox, why the valuation is attractive, and why the high-yield dividend stock is worth buying now. Clorox's leadership across product categories and diversified business model make it a recession-resistant, reliable dividend stock when things are going well. Unfortunately, Clorox has been struggling for a few years now. At first, it was due to an unexpected demand collapse as pandemic restrictions eased. But more recently ...

The Clorox Company (NYSE:CLX) dbAccess Global Consumer Conference June 5, 2024 3:15 AM ET Linda Rendle - CEO Kevin Jacobsen - CFO Stephen Powers - Deutsche Bank All right. Good morning, everybody. Welcome back. I'm Steve Powers. I'm the Head of Deutsche Bank's US Consumer Packaged Goods franchise. And I'm thrilled to welcome back The Clorox Company to our conference. With us today are Chief Executive Officer, Linda Rendall -- sorry, Rendle. And Chief Financial Officer, Kevin Jacobsen. Thank you both for joi ...

The Clorox Company (NYSE:CLX) dbAccess Global Consumer Conference June 5, 2024 3:15 AM ET Company Participants Linda Rendle - CEO Kevin Jacobsen - CFO Conference Call Participants Stephen Powers - Deutsche Bank Stephen Powers All right. Good morning, everybody. Welcome back. I'm Steve Powers. I'm the Head of Deutsche Bank's US Consumer Packaged Goods franchise. And I'm thrilled to welcome back The Clorox Company to our conference. With us today are Chief Executive Officer, Linda Rendall -- sorry, Rendle. An ...

It has been about a month since the last earnings report for Clorox (CLX) . Shares have lost about 8.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Clorox due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Clorox Q3 Earnings Beat Estimates, Revenues Down Y/Y Clo ...

The Clorox Company (CLX) has adeptly responded to the challenges in the consumer goods industry by strategically implementing digital transformation, innovation and pricing and cost-saving initiatives. Additionally, its IGNITE strategy bodes well. The company's streamlined operating model, aimed at improving efficiency, led to gross margin expansion of 40 basis points (bps) year over year to 42.2% in third-quarter fiscal 2024. This marked the sixth consecutive quarter of gross margin expansion, driven by pr ...

The limited-edition Garfield box of Fresh Step litter is available exclusively at Walmart. Garfield (voiced by Chris Pratt), the world-famous, Monday-hating, lasagna-loving indoor cat, is about to have a wild outdoor adventure! After an unexpected reunion with his long-lost father—scruffy street cat Vic (voiced by Samuel L. Jackson)—Garfield and his canine friend Odie are forced from their perfectly pampered life into joining Vic in a hilarious, high-stakes heist. See for yourself as The Garfield Movie debu ...

OAKLAND, Calif., May 16, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that Chair and Chief Executive Officer Linda Rendle and Chief Financial Officer Kevin Jacobsen will participate in a fireside chat at the dbAccess Global Consumer Conference on Wednesday, June 5, in Paris. The fireside chat will begin at approximately 9:15 a.m. CEST (3:15 a.m. ET and 12:15 a.m. PT) accompanied by a webcast that can be accessed on the company's website. A replay of the webcast will be available follo ...