Clorox's (CLX) Pricing & Cost Saving on Track: Apt to Hold?
Clorox(CLX) ZACKS·2024-07-09 17:20
Let's Delve Deeper For the fiscal 2024, the gross margin is projected to expand nearly 275 bps year over year on gains from lower input cost headwinds and the modest benefit from exiting Argentina. This reflects the combined benefit of pricing actions, cost savings and supply-chain optimization. The Clorox Company (CLX) appears in good shape thanks to its robust strategic efforts. The company has been gaining from pricing and cost-saving initiatives for a while now. Its integrated IGNITE strategy focuses on ...