Clorox(CLX)

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Clorox to Present at Goldman Sachs Global Staples Forum
PRNewsWire· 2024-04-24 00:12
OAKLAND, Calif., April 23, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that Chair and Chief Executive Officer Linda Rendle will participate in a fireside chat at the Goldman Sachs Global Staples Forum on Tuesday, May 14, 2024. The webcast will begin at approximately 8:15 a.m. ET (5:15 a.m. PT) and can be accessed on the company's website. A replay of the webcast will be available following the event. About The Clorox Company The Clorox Company (NYSE: CLX) champions people to be well ...
Clorox: Attractively Valued With Good Prospects
Seeking Alpha· 2024-04-21 13:30
Guido Mieth/DigitalVision via Getty Images Investment Thesis I last covered The Clorox Company (NYSE:CLX) in June last year. The stock has had quite a wild ride since then as the company’s sales and profit were impacted by a Cyberattack in Q1 FY24, resulting in a stock price correction. The company was quick to recover from it and was able to recover distribution losses and profitability to a good extent in Q2 FY24, which helped the stock price. However, the stock is still trading below pre-cyberattack ...
Clorox Announces April 30 Webcast of Third-Quarter Fiscal Year 2024 Results
PRNewsWire· 2024-04-10 21:24
OAKLAND, Calif., April 10, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) will issue its third-quarter fiscal year 2024 results on April 30, 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 website2 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 JacobsenLinks to the webcast, press release, and prepared remarks can be found at ...
Here's Why Clorox's (CLX) Strategic Efforts Appear Good
Zacks Investment Research· 2024-04-09 13:06
The Clorox Company (CLX) stock is doing well on the bourses, thanks to its robust strategic efforts. The company has been gaining from pricing and cost-saving initiatives for a while now. Its latest and integrated IGNITE strategy focuses on the expansion of the key elements under the 2020 Strategy to pace up innovation across each area of the business.Shares of this producer, marketer and seller of consumer products have increased 18.6% in the past six months compared with the industry’s 10.1% upside. A Gro ...
Clorox (CLX) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-04-02 22:56
Clorox (CLX) closed the most recent trading day at $148.71, moving -1.94% from the previous trading session. This change lagged the S&P 500's daily loss of 0.72%. At the same time, the Dow lost 1%, and the tech-heavy Nasdaq lost 0.95%.Shares of the consumer products maker have appreciated by 0.47% over the course of the past month, underperforming the Consumer Staples sector's gain of 2.24% and the S&P 500's gain of 2.16%.The investment community will be closely monitoring the performance of Clorox in its f ...
Clorox's (CLX) IGNITE Strategy to Evolve Portfolio Bodes Well
Zacks Investment Research· 2024-03-22 17:36
The Clorox Company (CLX) is making strategic initiatives to streamline its operating model, which aims at improving efficiency. In the latest developments, the company has announced the sale of its certain wholly-owned subsidiaries (collectively called "Clorox Argentina") to Apex Capital, which is a private equity fund in connection with Grupo Mariposa. This includes the company’s operations in Argentina, Uruguay and Paraguay.This sale is in sync with CLX's IGNITE strategy to evolve its portfolio so that it ...
Clorox (CLX) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-03-21 22:56
Clorox (CLX) closed the most recent trading day at $147.66, moving -1.88% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Heading into today, shares of the consumer products maker had lost 1.43% over the past month, lagging the Consumer Staples sector's gain of 1.81% and the S&P 500's gain of 5.11% in that time.Analysts and investors alike will be keeping a cl ...
Clorox Divests its Operations in Argentina, Uruguay and Paraguay
Prnewswire· 2024-03-21 13:20
Sale advances Clorox's IGNITE strategy to evolve its portfolio for long term profitable growth OAKLAND, Calif., March 21, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) (the "company" or "Clorox") today announced the sale of certain wholly owned subsidiaries (collectively, "Clorox Argentina"), with operations in Argentina, Uruguay and Paraguay, to Apex Capital, a private equity fund associated with Grupo Mariposa, a 139-year old food and beverage company with operations in 16 countries, and an invest ...
1 Magnificent S&P 500 Dividend Stock Down 33% to Buy and Hold Forever
The Motley Fool· 2024-03-20 13:53
Life is like a sine curve, with good times followed by bad times, and vice versa. That's how it goes for companies, too. Right now Clorox (CLX -0.06%), a member of the consumer staples segment in the S&P 500 index, is in a down swing. The stock is more than 33% below its 2020 high-water mark. That's pushed the yield toward the high end of its historical range, to around 3.2%.Now is the time to consider adding this dividend stock to your portfolio, but before you do, it's worth understanding why Clorox is so ...
Here's Why Clorox (CLX) is a Strong Growth Stock
Zacks Investment Research· 2024-03-19 14:46
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