Why Clorox Stock Popped Today

Shares of Clorox (CLX 5.62%) rose 5.6% on Friday after the consumer products giant announced strong quarterly results.Clorox cleans up with rebuilt inventoriesFor its fiscal second-quarter 2024 ended Dec. 31, 2023, Clorox saw net sales climb 16% year over year to $1.99 billion, while adjusted (non-GAAP) earnings more than doubled to$2.16 per share. Analysts, on average, were only expecting earnings of $1.10 per share on revenue of$1.80 billion.Underlying Clorox's outsized growth was a combination of favor ...