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The Clorox Company (NYSE: CLX) news hub provides investors and stakeholders with timely updates on this global leader in consumer goods. Track official announcements spanning earnings reports, product innovations, sustainability milestones, and strategic initiatives like the IGNITE transformation.
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Clorox (NYSE: CLX) has scheduled its third-quarter fiscal year 2025 earnings release for May 5, 2025. The company will follow a two-part announcement format:
1. At 1:15 p.m. PT / 4:15 p.m. ET: Press release and prepared management remarks will be published on the company's website
2. At 2 p.m. PT / 5 p.m. ET: A live Q&A audio webcast will be held featuring Chair and CEO Linda Rendle and CFO Luc Bellet
Hidden Valley Ranch has announced the launch of seven new flavors to expand its condiment and seasoning portfolio. The new lineup includes Blue Cheese Ranch, Kickin' Cajun Blackened Ranch, Cilantro Lime Ranch, Cracked Pepper Ranch, Sweet BBQ Ranch, Garlic Ranch Seasoning, and Creamy Jalapeno Ranch Seasoning.
The brand is also introducing a redesigned Easy Squeeze bottle featuring improved flow control and an inverted design to reduce waste. The new products will be available nationwide, with specific flavors exclusive to certain retailers: Kickin' Cajun Blackened Ranch at Kroger, while Blue Cheese Ranch, Sweet BBQ Ranch, and Cracked Pepper Ranch will be sold exclusively at Walmart.
Clorox (NYSE: CLX) has unveiled its new brand platform 'Clean Feels Good,' supported by innovative neuroscience research comparing emotional responses to cleaning versus common feel-good activities. The study, conducted in partnership with neurotech leader Emotiv, used EEG technology to measure brain activity among 30 participants.
Key findings from the research revealed surprising results: 37% of participants felt better cleaning the toilet than petting puppies, and cleaning activities produced emotional responses comparable to enjoyable experiences like getting manicures or having favorite beverages. The study showed that wiping kitchen counters generated a 6% better response than getting a massage.
Supporting survey data from January 2025, sampling 2,000 Americans, found that 21% of Americans clean to improve their mood, while 88% reported feeling good after wiping down surfaces. The initiative includes new TV spots featuring real people's responses to cleaning versus other pleasurable activities.
DiGiorno and Hidden Valley Ranch (NYSE: CLX) have announced a collaborative launch of two -edition ranch-infused pizzas. The new offerings include the Spicy Rancheroni Thin Crust Pizza, featuring buffalo-style ranch sauce and jalapeños, available exclusively at Kroger stores for $6.99 starting March 2025, and the Chicken Bacon Ranch STUFFED Crust Pizza, launching nationwide in April for $9.49.
Alongside the product launch, the companies will release a -edition merchandise collection including sweatshirts, socks, tote bags, and lapel pins, available through an exclusive online giveaway on Pi Day (March 14) at noon ET.
Clorox (NYSE: CLX) has announced a quarterly dividend of $1.22 per share on its common stock. The dividend will be paid on May 9, 2025, to shareholders who are on record as of April 23, 2025.
The company highlighted its consistent track record of delivering shareholder value through regular dividend payments and yearly dividend increases.
Clorox (NYSE: CLX) has announced its participation in the upcoming Consumer Analyst Group of New York's (CAGNY) annual conference in Orlando, Florida. The company will be represented by Chair and CEO Linda Rendle, CFO Kevin Jacobsen, and Treasurer and incoming CFO Luc Bellet as featured speakers.
The presentation is scheduled for Thursday, February 20, 2025, at 2:00 p.m. ET (11:00 a.m. PT). Interested parties can access a live webcast of the presentation through the company's website, with a replay available after the event.
Hidden Valley Ranch announced its first luxury fashion collaboration with MELKE designer Emma Gage, launching during New York Fashion Week as part of MELKE's Fall/Winter 2025 collection. The collaboration features five custom ranch-inspired pieces, including two cardigans, a knit vest, a blouse, and pants.
The collection incorporates geometric patterns inspired by the Hidden Valley Ranch bottle and seasoning packet designs. Pieces will be available for purchase on HiddenValleyRanch.com, melkenyc.com, and select retailers nationwide in fall 2025, with prices ranging from $240 to $1,000.
Clorox (NYSE: CLX) reported Q2 FY2025 results with net sales decreasing 15% to $1.69 billion, while organic sales declined 9%. The decrease was primarily due to lapping the retail inventory restoration following the August 2023 cyberattack and recent divestitures. Gross margin improved 30 basis points to 43.8%, driven by cost savings and divestiture benefits.
Diluted EPS increased 105% to $1.54, while adjusted EPS decreased 28% to $1.55. The company grew market share in seven of eight categories and achieved its ninth consecutive quarter of gross margin expansion. Notably, Clorox and P&G announced plans to end their Glad® joint venture by January 31, 2026, with Clorox intending to acquire P&G's 20% interest.
For FY2025, Clorox updated its outlook, expecting net sales between -1% to +2%, and organic sales growth of 4% to 7%. The company raised its adjusted EPS guidance to $6.95-$7.35, representing a 13-19% year-over-year increase.
Clorox (NYSE: CLX) announced that CFO Kevin Jacobsen will retire effective April 1, 2025, after nearly 30 years with the company. Luc Bellet, an 18-year company veteran and current treasurer, will succeed him as Executive Vice President and CFO, reporting to CEO Linda Rendle.
Jacobsen, who joined Clorox in 1995 and has served as CFO since 2018, was instrumental in driving the company's IGNITE strategy, portfolio evolution, and margin transformation efforts. He will continue in an advisory capacity until June 2025.
Bellet brings extensive experience across all aspects of Clorox's financial organization, including financial planning and analysis, internal audit, and business development. The transition comes as the company focuses on digital transformation and growth initiatives.
CloroxPro has released its 2024 Clean Index report, based on a survey of over 1,500 cleaning professionals and consumers. The report reveals significant trends in the cleaning industry: two-thirds of cleaning professionals reported their facilities are using eco-conscious cleaners, with 60% having set goals to increase their usage.
The study highlighted concerning workforce challenges, with 50% of cleaning professionals experiencing burnout in the past year, and nearly half reporting increased burnout levels over two years. A key issue is insufficient training, with 60% of professionals lacking confidence in their cleaning outcomes due to inadequate training programs.
Consumer insights show that 79% of consumers consider it important for businesses to provide disinfecting wipes, while over half remain concerned about germ exposure at work. The survey was conducted in September 2024, sampling 1,000 consumers and 511 cleaning industry professionals across Education, Government, and Healthcare settings.
