Clorox(CLX)
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Clorox (CLX) Q4 Earnings Beat Estimates, Gross Margin Expands
ZACKS· 2024-08-02 13:32
Shares of The Clorox Company (CLX) climbed 4.2% in the after-market trading session on Aug 1 following its fourth-quarter fiscal 2024 results. Despite a decline and miss in net sales, the company's earnings were strong, surpassing the Zacks Consensus Estimate and showing a year-over-year improvement. The positive earnings were driven by pricing actions and gross margin expansion due to cost-saving initiatives. Management's fiscal 2025 earnings projection, which exceeded analysts' expectations, also helped l ...
Clorox(CLX) - 2024 Q4 - Earnings Call Transcript
2024-08-02 00:01
The Clorox Company (NYSE:CLX) Q4 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Lisah Burhan - VP, IR Linda Rendle - Chair and CEO Kevin Jacobsen - CFO Conference Call Participants Filippo Falorni - Citi Peter Grom - UBS Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Kaumil Gajrawala - Jefferies Kevin Grundy - BNP Paribas Robert Moskow - TD Cowen Olivia Tong - Raymond James Lauren Lieberman - Barclays Steve Pow ...
Clorox (CLX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 23:00
For the quarter ended June 2024, Clorox (CLX) reported revenue of $1.9 billion, down 5.8% over the same period last year. EPS came in at $1.82, compared to $1.67 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.97 billion, representing a surprise of -3.40%. The company delivered an EPS surprise of +18.18%, with the consensus EPS estimate being $1.54. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...
Clorox (CLX) Tops Q4 Earnings Estimates
ZACKS· 2024-08-01 22:21
Clorox (CLX) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this consumer products maker would post earnings of $1.33 per share when it actually produced earnings of $1.71, delivering a surprise of 28.57%. Over the last four quarters, the c ...
Clorox(CLX) - 2024 Q4 - Annual Results
2024-08-01 20:12
PRESS RELEASE Clorox Reports Q4 and FY24 Results, Provides FY25 Outlook Company Announces Sale of its Better Health Vitamins, Minerals and Supplements Business OAKLAND, California, Aug. 1, 2024 — The Clorox Company (NYSE: CLX) today reported results for the fourth quarter and fiscal year 2024, which ended June 30, 2024. Alongside these results, the company also announced it has entered into a definitive agreement to divest its Better Health Vitamins, Minerals and Supplements (VMS) business in its entirety t ...
Clorox Reports Q4 and FY24 Results, Provides FY25 Outlook
Prnewswire· 2024-08-01 20:10
Company Announces Sale of its Better Health Vitamins, Minerals and Supplements Business OAKLAND, Calif., Aug. 1, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today reported results for the fourth quarter and fiscal year 2024, which ended June 30, 2024. Alongside these results, the company also announced it has entered into a definitive agreement to divest its Better Health Vitamins, Minerals and Supplements (VMS) business in its entirety to Piping Rock Health Products, LLC. Fourth-Quarter Fiscal Year ...
Clorox (CLX) Raises Dividend: What it Means for Investors
ZACKS· 2024-07-31 15:16
This announcement precedes Clorox's upcoming fourth-quarter fiscal 2024 results, scheduled for release on Aug 1. Despite ongoing market uncertainties, it remains focused on its strategic initiatives, including robust brand investments and operational efficiencies aimed at sustaining growth and profitability. Scheduled to be paid on Aug 30, 2024, to shareholders of record as of Aug 14, 2024, this move marks another milestone in Clorox's long-standing tradition of rewarding its investors with dependable divid ...
Insights Into Clorox (CLX) Q4: Wall Street Projections for Key Metrics
ZACKS· 2024-07-31 14:20
In its upcoming report, Clorox (CLX) is predicted by Wall Street analysts to post quarterly earnings of $1.54 per share, reflecting a decline of 7.8% compared to the same period last year. Revenues are forecasted to be $1.97 billion, representing a year-over-year decrease of 2.4%. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more compr ...
Clorox Increases Quarterly Dividend to $1.22 Per Share
Prnewswire· 2024-07-30 20:15
Clorox has a long history of providing value to its shareholders through regular dividend payments and annual dividend increases. The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands, which include Brita®, Burt's Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr®, Pine-Sol® and Natural Vitality®, can be found in about nine of 10 U.S. homes and internationally with brands such as Clorinda®, Chux® and Poett®. Headquartered in Oak ...
Can Clorox's (CLX) Pricing & Cost-Saving Plan Aid Q4 Earnings?
ZACKS· 2024-07-29 16:56
The Clorox Company (CLX) is likely to register declines in the top and bottom lines when it reports fourthquarter fiscal 2024 results on Aug 1, 2024, before market open. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $7.2 billion, suggesting a decrease of 3.1% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has declined by a penny in the past seven days to $5.91 per share. The consensus mark indicates 16.1% growth from the prioryear quarter's actu ...