Clorox: Improving Outlook, Good Dividend Yield And Discounted Valuation

Investment Thesis In my previous article, I discussed Clorox's growth prospects ahead benefiting from price increases, and sequential volume recovery as the company works towards recovering distribution losses resulting from last year's cyberattack. Since then, the company has reported earnings for its third quarter of fiscal 2024, and while these dynamics were seen, its sales were impacted by temporary supply chain constraints which impacted its efforts to recover distribution losses in some categories. In ...