Group 1 - Clorox is participating in a conference with Morgan Stanley, indicating its engagement with investors and analysts in the household products sector [2] - Luc Bellet, Clorox's Executive Vice President and CFO, is present at the conference, highlighting the company's leadership involvement in investor relations [2]

Summary of Clorox Company Conference Call Company Overview - **Company**: The Clorox Company (NYSE: CLX) - **Date of Conference**: December 02, 2025 Industry Insights - **Current Environment**: The U.S. consumer environment for household products is challenging, with consumers exhibiting value-seeking behavior due to economic stress [3][4] - **Category Growth**: Historically, categories have grown at 2%-2.5%, but currently, growth is flat to 1% due to consumer stress [4][10] - **Promotional Activity**: The promotional environment is rational overall, but certain categories like Glad Trash and litter have seen heightened competition [5][20] Key Financial Metrics - **Market Share**: Clorox has experienced some share loss compared to pre-COVID levels, but brand fundamentals remain strong, with household penetration stable [10][11] - **Sales Growth Guidance**: The company expects low single-digit organic sales growth in the second half of the fiscal year, with modest share gains anticipated [34][36] Strategic Initiatives - **Innovation Focus**: Clorox is emphasizing innovation across categories, with a strong pipeline of new products and improvements in existing lines [9][40] - **Five Vectors Strategy**: The company aims to drive superior value through product, package, place, proposition, and price, with a focus on innovation and brand building [11][14] - **Digital Transformation**: Investments in digital infrastructure and marketing personalization are expected to yield benefits in the coming years, particularly through AI [29][42] Competitive Landscape - **Promotional Strategies**: Clorox is balancing promotional spending carefully to avoid over-promoting in categories with limited expendable consumption [20][21] - **Market Positioning**: The cleaning business is performing well, with market share above pre-COVID levels, while other segments like Lidl are in turnaround mode [16][43] Financial Management - **Margin Management**: The company aims to expand margins by 25-50 basis points annually, supported by cost-saving initiatives and improved operational efficiencies from ERP investments [30][31] - **Capital Allocation**: Clorox prioritizes investing in core business, supporting dividends, managing debt leverage, and returning excess cash to shareholders [51][52] Future Outlook - **Growth Opportunities**: Clorox sees potential for growth in international markets and professional segments, with a focus on leveraging capabilities and addressing past challenges [44][46] - **M&A Strategy**: The company is actively evaluating M&A opportunities, focusing on bolt-on acquisitions that align with strategic growth objectives [47][49] Conclusion - Clorox is navigating a challenging consumer environment with a focus on innovation, strategic marketing, and disciplined financial management. The company is optimistic about future growth driven by its strong brand fundamentals and ongoing investments in technology and capabilities.

Core Insights - The Clorox Company (CLX) is a market leader in consumer products, particularly in cleaning supplies, and competes in various niche markets such as charcoal, water filtration, salad dressings, and kitty litter [1] Company Overview - Clorox has been facing ongoing challenges, which may impact its market position and financial performance [1] Investment Focus - The company is recognized for its sustainable dividend growth and potential for capital appreciation, making it attractive for long-term investors [1]

Core Insights - Glad is reviving its iconic "Don't Get Mad. Get Glad." campaign, featuring Oscar the Grouch in a musical number, marking a shift from human celebrities to a beloved character from Sesame Street [2][3] - The campaign aims to change the perception of trash, promoting the idea that it can be fun and manageable with Glad products, rather than a chore [3][4] - The campaign includes limited-edition Oscar-inspired merchandise and will be promoted across various social media platforms [5][7] Company Overview - Glad is recognized as the leading brand in trash bags and food wraps in the United States, providing innovative waste solutions [2][8] - The company is part of The Clorox Company, which enhances its market presence and product reliability [8] Campaign Details - The new campaign features a musical number directed by award-winning directors, showcasing Oscar's love for trash in a reimagined version of his classic song "I Love Trash" [3] - The campaign will run in the U.S. and Canada, utilizing longform content and social media teasers to engage audiences [7] Merchandise and Promotions - Glad is offering limited-edition Oscar-themed trash bag totes through a social media giveaway, encouraging fan engagement [5] - Special edition Glad ForceFlex bags branded with Oscar the Grouch will be available at Walmart starting in April [6]

Core Insights - The recent high-velocity sell-off may indicate potential market trends for the remainder of this year or into 2026 [1] Group 1 - The sell-off could be a precursor to further market volatility [1] - Analysts suggest that this trend may reflect underlying economic conditions [1] - The timing of the sell-off raises concerns about investor sentiment moving forward [1]

Core Insights - The Clorox Company will have its CFO, Luc Bellet, participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 2, 2025 [1] - The webcast of the event will start at approximately 2:15 p.m. ET and will be accessible on the company's website, with a replay available afterward [1] Company Overview - The Clorox Company, headquartered in Oakland, California, has been operational since 1913 and is known for its commitment to sustainability [2] - The company has a diverse portfolio of trusted brands, including Brita®, Burt's Bees®, Clorox®, and Glad®, among others [2] - In 2025, Clorox was ranked No. 1 on Barron's 100 Most Sustainable Companies list for the third consecutive year [2] Financial Information - Clorox's board of directors has declared a quarterly dividend of $1.24 per share [3] Marketing Initiatives - Clorox has launched a holiday promotion called the "Gift of Clean," which includes a complimentary in-home cleaning service and a bundle of essential products for shoppers [4]

Core Insights - The Clorox Company (NYSE:CLX) is highlighted as a stock on Jim Cramer's radar, amidst concerns about consumer spending in America [2] - Cramer has labeled Clorox as one of "the worst stocks in the S&P 500 year," but sees potential for a buying opportunity due to its poor performance [2] - The brand strength of Clorox, particularly through its product lines like Burt's Bees and Clorox bleach, is a key factor in Cramer's positive outlook [2] Company Performance - Clorox's recent performance has been poor, leading to speculation that it may be at a generational low for investment [2] - Cramer suggests that despite the negative sentiment surrounding consumer goods, there may be undervalued opportunities in the sector [2][3] Investment Perspective - Cramer encourages looking at Clorox as a potential investment, while also acknowledging that some AI stocks may offer higher returns with limited downside risk [3] - The discussion around Clorox reflects broader concerns about inflation and growth impacting consumer spending [2]

Core Insights - The Clorox Company (NYSE:CLX) has faced challenges in its fiscal Q1 2026 performance, leading to a price target reduction by Morgan Stanley from $137 to $125 while maintaining an Equal Weight rating [2] - The company reported a revenue of $1.43 billion, a 19% decline year-over-year, primarily due to reduced shipments related to its ERP transition [2] - CEO Linda Rendle emphasized the importance of the new ERP system rollout, which is expected to enhance operational efficiency and create new value opportunities despite the current challenges [3] Financial Performance - Fiscal Q1 2026 revenue was $1.43 billion, down 19% from the previous year [2] - Organic sales fell by 17%, attributed to lower volume linked to the ERP transition [2] - Gross margin decreased by 410 basis points to 41.7%, compared to 45.8% a year ago, impacted by lower volume and increased manufacturing and logistics costs [2] Management Outlook - Management anticipates organic sales to decline at a low single-digit pace in the first half of the fiscal year, with a potential rise in the second half, excluding ERP transition effects [3] - CFO Luc Bellet projected subdued growth in the US retail category, estimating growth between 0% and 1%, which is below the long-term trend [4] Product Portfolio - The Clorox Company is recognized for its cleaning and disinfecting products, alongside a diverse range of consumer and professional items, including household cleaning, laundry, and health and wellness products [4]

Group 1 - The Clorox Company (NYSE:CLX) has seen a significant decline in its stock price, down 35% year-to-date, which has attracted attention from investors like Jim Cramer [2] - Cramer expressed that the current low share price presents a rare entry point for investors, particularly in the consumer goods sector, emphasizing the appeal of stocks with good dividend yields [2][3] - Cramer highlighted that Clorox could be at a generational low, suggesting that despite management concerns, the stock may offer substantial long-term value [3] Group 2 - Cramer advocates for investing in consumer product stocks, particularly for older investors seeking yield, noting that a 4% yield can be beneficial over time [2] - The discussion around Clorox also included comparisons to other companies like Kimberly-Clark and Procter & Gamble, indicating a broader interest in consumer goods stocks [3] - While Clorox is viewed positively, there is a belief that certain AI stocks may offer higher returns with lower risk, suggesting a competitive investment landscape [3]

Group 1 - The Clorox Company (NYSE:CLX) is currently viewed as one of the worst-performing stocks in the S&P 500 for the year, raising concerns about potentially missing a generational bottom in consumer packaged goods stocks [1] - Clorox has a diverse portfolio of strong brands, including Burt's Bees, Hidden Valley Ranch, Brita, Kingsford Charcoal, and Clorox itself, which contributes to its appeal despite current performance issues [1] - The company offers a dividend yield of 4.72%, which may attract income-focused investors [1] Group 2 - Clorox produces a range of products including cleaning, household, personal care, food, and water-filtration items, indicating a broad market presence [2] - There is a belief that certain AI stocks may present greater upside potential and carry less downside risk compared to Clorox, suggesting a competitive investment landscape [2]