Clorox Company - CLX STOCK NEWS

Clorox (NYSE: CLX) has announced a quarterly dividend payment of $1.22 per share on its common stock. The dividend will be paid on February 14, 2025, to shareholders who are on record as of January 29, 2025. The company highlighted its consistent track record of providing shareholder value through regular dividend payments and yearly dividend increases.

The Clorox Company Foundation released its annual report highlighting its community impact initiatives. The foundation, established in 1980, focuses on youth development through literacy and STEM programs, while also supporting racial and environmental justice initiatives. Employee engagement has been significant, with over half of teammates participating in the GIFT campaign and contributing volunteer hours. The foundation provides disaster relief support and emphasizes community well-being through various programs, staying aligned with Clorox Company's purpose of helping people thrive.

The Clorox Company highlights Danielle Chan, a senior analyst on the Burt's Bees sales team, through their Change Makers initiative. Chan was recognized for her leadership in the NextGen organization and successful implementation of the Reverse Mentorship Program. The program aims to bridge generational gaps in the workforce and amplify young professionals' voices within the organization.

Chan emphasizes the importance of IDEA (Inclusion, Diversity, Equity, and Allyship) in building an inclusive workplace where employees feel empowered to share their perspectives regardless of their position level. Her approach focuses on creating safe spaces, active listening, and taking concrete actions to support inclusive environments.

The Clorox Company (NYSE:CLX) has announced a strategic partnership with Manufacture 2030 (M2030) to help suppliers meet carbon reduction targets and advance towards net-zero emissions by 2050. The program will focus on measuring, managing, and reducing carbon emissions throughout Clorox's value chain.

The initiative will be gradually implemented with strategic raw materials and packaging suppliers, representing over half of Clorox's scope 3 emissions. M2030's platform will enable suppliers to track progress, share data with other customers, and export information for Carbon Disclosure Project (CDP) submissions.

This partnership aligns with Clorox's IGNITE strategy and environmental goals, including their 2030 science-based targets and commitment to achieving net-zero GHG emissions by 2050.

Clorox (NYSE: CLX) has announced a strategic partnership with Manufacture 2030 (M2030) to advance its climate action goals and help suppliers meet carbon reduction targets. The program will focus on measuring, managing, and reducing carbon emissions throughout Clorox's value chain, targeting suppliers of strategic raw materials and packaging that represent over half of the company's scope 3 emissions.

Through M2030's platform, suppliers can track progress, share data with customers, and export information to the Carbon Disclosure Project (CDP). This initiative supports Clorox's commitment to achieving net-zero emissions by 2050 and aligns with their science-based targets for 2030. The partnership emphasizes sustainable business practices and environmental impact reduction through collaborative industry efforts.

The Clorox Company highlights Amin El-Hajj, a Dubai-based sales manager, in their Change Makers initiative, which recognizes employees who promote diversity and inclusion. Nominated by associate sales manager Vinay Tejwani, Amin is praised for fostering inclusivity in a predominantly Arabic-speaking team by ensuring language accessibility and advocating for team members' needs. The initiative emphasizes Clorox's commitment to building a workplace where every employee feels respected and valued, with a focus on active allyship and creating an environment that encourages open communication and diverse perspectives.

Kingsford announces the 'King of The Tailgate' contest featuring NFL player Jason Kelce. From now until November 21, 2024, fans can participate by sharing their game day grilling experiences. Two grand prize winners will receive a trip for two to the San Francisco 49ers game on December 30, 2024, including a meet-and-greet with Kelce and game tickets. Additionally, five runners-up will win a tailgate-at-home package including a grill, charcoal, tools, premium cooler, and customized overalls. The contest is part of Kingsford's season-long tailgating celebration, which has included tour stops at college football games nationwide.

Clorox (CLX) reported strong Q1 FY2025 results with net sales increasing 27% to $1.76 billion. Organic sales grew 31%, while gross margin improved 740 basis points to 45.8%. Diluted EPS rose 371% to $0.80, and adjusted EPS increased 280% to $1.86. The company completed the divestiture of its Better Health VMS business and updated its FY2025 outlook, raising gross margin expectations to 100-150 basis points improvement and adjusted EPS guidance to $6.65-$6.90. All segments except International showed significant growth, with double-digit organic sales increases across reportable segments.

Clorox hosted its first-ever ERG Leadership Summit focused on organizational resilience. The company's Employee Resource Groups (ERGs), which have been active for nearly two decades, now comprise over 5,000 members, representing more than half of Clorox's workforce. The summit, themed 'Resilience: The Key to Thriving Teams,' aimed to advance the company's IGNITE strategy and IDEA initiatives. Key takeaways included celebrating leadership, reflecting on past achievements, developing a framework around four pillars (culture, career, commerce, and community), seeking employee feedback, and building community through teamwork.