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Here's Why Clorox Stock Is at Top of S&P 500 Gainers Friday
CLXClorox(CLX) Investopedia·2024-08-02 20:41

Key Takeaways Clorox shares moved higher Friday after the consumer and professional product supplier beat quarterly profit estimates and issued an upbeat forward-year outlook. A streamlined business model helped Clorox expand its gross margin, underpinning earnings growth. The company said it would sell its Better Health Vitamins business, and touted its progress on recovering from a 2023 cyberattack. Clorox (CLX) shares jumped Friday to become the top performer in the S&P 500 after the company known for it ...