Clorox(CLX)
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Why Is Clorox (CLX) Up 5.4% Since Last Earnings Report?
ZACKS· 2024-11-29 17:37
It has been about a month since the last earnings report for Clorox (CLX) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Clorox due for a pullback? 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's Q1 Earnings & Sales Beat EstimatesClorox posted f ...
The Clorox Company (CLX) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-25 15:15
Shares of Clorox (CLX) have been strong performers lately, with the stock up 8.1% over the past month. The stock hit a new 52-week high of $171.35 in the previous session. Clorox has gained 18.7% since the start of the year compared to the 4.1% move for the Zacks Consumer Staples sector and the 63.3% return for the Zacks Consumer Products - Staples industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in a ...
Clorox EcoClean Disinfecting Wipes Win 2024 ISSA Environment & Sustainability Innovation of the Year Award
Prnewswire· 2024-11-21 13:50
CloroxPro's latest addition to the Clorox EcoClean product portfolio arms cleaning professionals with a new EPA Design for the Environment (DfE)-certified, ready-to-use disinfecting wipe.PLEASANTON, Calif., Nov. 21, 2024 /PRNewswire/ -- CloroxPro is proud to announce that Clorox EcoClean Disinfecting Wipes have won the 2024 ISSA Environment & Sustainability Innovation of the Year Award at the International Sanitary Supply Association (ISSA) Show in Las Vegas, Nevada. The newly launched ready-to-use disinfec ...
Clorox Announces Election of Stephen Bratspies and Pierre Breber to its Board of Directors
Prnewswire· 2024-11-20 21:30
OAKLAND, Calif., Nov. 20, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced the election of Stephen Bratspies and Pierre Breber, effective as of today, to its board of directors, adding deep leadership, operational and financial experience that aligns with Clorox's strategic priorities.Bratspies, 57, brings strong executive leadership experience, including as chief executive officer of Hanesbrands. He also holds considerable operational, merchandising and marketing expertise from senior le ...
Clorox's Turnaround Is Almost Complete. Here's Why the Ultra-Safe Dividend Stock Is Worth Buying Now.
The Motley Fool· 2024-11-18 14:17
Clorox is perfect for risk-averse investors or retirees looking to supplement income.Clorox (CLX 1.14%) has been far from a boring household cleaning company as of late. In the second half of 2024, Clorox is up 21% -- a red-hot run that is even better than Nvidia during that period. Here's why Clorox is impressing Wall Street and why the dividend stock could still be worth buying now. It's generating sales growth and margin expansionClorox investors have been on a roller-coaster ride in recent years. As you ...
Clorox Stock Gains 3.8% in a Week on Solid Q1 Results: Buy or Avoid?
ZACKS· 2024-11-06 19:30
The Clorox Company’s (CLX) shares have risen 3.8% in the past week following its robust first-quarter results and raised earnings per share (EPS) view for fiscal 2025. Also, the company has made a successful recovery from the cyberattack-related headwinds in the prior year. The company delivered its eighth consecutive quarter of gross-margin expansion, with the metric increasing 740 basis points (bps) in the most recent quarter. Growth was driven by substantial cost savings and a comprehensive margin manage ...
Clorox Announces Partnership with M2030 to Advance Supply Chain Climate Action
Prnewswire· 2024-11-01 15:35
OAKLAND, Calif., Nov. 1, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today a strategic partnership with Manufacture 2030, or M2030, to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050.M2030 is designed to help suppliers measure, manage and reduce carbon emissions. The new partnership aims to advance decarbonization throughout Clorox's value chain through the collection of emissions data, jointly iden ...
CLX Q1 Earnings & Sales Beat Estimates, Raised FY25 View Drives Stock
ZACKS· 2024-10-31 18:11
Shares of The Clorox Company (CLX) climbed 3.1% in the after-market trading session on Oct. 30 following its first-quarter fiscal 2025 results. The improvement was driven by positive sentiment around the company’s recovery from the cyberattack-related headwinds in the prior year. The results also reflect the previous divestiture of the Argentina business.The company’s sales and earnings per share (EPS) surpassed the Zacks Consensus Estimate and improved year over year. Backed by the strong results, CLX rais ...
Clorox(CLX) - 2025 Q1 - Earnings Call Transcript
2024-10-30 23:45
The Clorox Company (NYSE:CLX) Q1 2025 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Lisah Burhan - Vice President, Investor Relations Linda Rendle - Chair and CEO Kevin Jacobsen - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Peter Grom - UBS Filippo Falorni - Citi Andrea Teixeira - JP Morgan Anna Lizzul - Bank of America Bonnie Herzog - Goldman Sachs Robert Moskow - TD Cowen Olivia Tong - Raymond James Kaumil Gajrawala - Jefferies Lauren Li ...
Clorox (CLX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-30 23:01
For the quarter ended September 2024, Clorox (CLX) reported revenue of $1.76 billion, up 27.1% over the same period last year. EPS came in at $1.86, compared to $0.49 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.63 billion, representing a surprise of +8.13%. The company delivered an EPS surprise of +36.76%, with the consensus EPS estimate being $1.36. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...