Welcome to our dedicated page for Clorox Company news (Ticker: CLX), a resource for investors and traders seeking the latest updates and insights on Clorox Company stock.
The Clorox Company (NYSE: CLX) is a globally recognized brand with a diverse portfolio of products that have become household names. Headquartered in Oakland, California since 1913, Clorox is renowned for its commitment to championing everyday wellness and sustainability. The company manufactures and markets cleaning supplies, laundry care products, trash bags, cat litter, charcoal, food dressings, water filtration solutions, and natural personal care products across more than 100 countries.
Clorox holds a significant market share with iconic brands such as Clorox® bleach and cleaning products, Ayudín® and Poett® home care products, Pine-Sol® dilutable cleaner, Fresh Step® cat litter, Kingsford® charcoal, Hidden Valley® and K C Masterpiece® dressings and sauces, Brita® water filtration products, Glad® bags, wraps, and containers, and Burt's Bees® natural personal care products. The company’s products are manufactured in over two dozen countries and marketed internationally.
Recently, Clorox has focused on operational recovery and growth despite challenges, such as a cyberattack in August 2023. The company reported strong recovery and rebuilding efforts, reflecting in its second and third-quarter fiscal results for 2024. Additionally, Clorox continues to innovate and invest in sustainability, achieving milestones like zero-waste-to-landfill status for its plants in Asia and the Middle East.
Strategic moves include divesting its Argentina operations to focus on core businesses, supporting its IGNITE strategy. Clorox’s financial outlook remains robust, with ongoing investments in digital capabilities and productivity enhancements expected to yield significant cost savings and operational efficiencies.
Clorox’s dedication to ESG (Environmental, Social, and Governance) principles has earned it top rankings in sustainability lists. The company remains committed to driving profitable growth while making a positive impact on the environment and society.
The Clorox Company (NYSE: CLX) will release its second-quarter fiscal year 2022 results on February 3, 2022, with a press release at 1:15 p.m. PT and a live Q&A at 2 p.m. PT. CEO Linda Rendle and CFO Kevin Jacobsen will host the Q&A to discuss the results. Clorox, known for a wide range of consumer products, reported $7.3 billion in sales for fiscal year 2021. The company emphasizes sustainability and corporate responsibility, contributing $20 million in support of community initiatives.
The Clorox Company (NYSE: CLX) will have CFO Kevin Jacobsen participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 2, 2021, starting at 12:10 p.m. ET. The event will be accessible via a webcast, with a replay available afterward. Clorox, a leading manufacturer of consumer and professional products, reported fiscal year 2021 sales of $7.3 billion and employs around 9,000 people globally. The company is recognized for its commitment to sustainability and community support, contributing approximately $20 million in fiscal year 2021.
The Clorox Company (NYSE: CLX) announced a quarterly dividend of $1.16 per share, payable on Feb. 11, 2022, to stockholders of record on Jan. 26, 2022. This marks nearly 20 consecutive years of dividend increases and over 50 years of annual payments, reflecting the company’s commitment to providing value to shareholders. Clorox reported fiscal year 2021 sales of $7.3 billion and has a diverse product portfolio with brands holding top market shares.
Kingsford has announced a collaboration with artist Joshua Vides for the limited-edition Kingsford® x Reality to Idea Fire Drops grill. Following a successful previous launch with celebrity jeweler Ben Baller, this new grill, featuring Vides’ graffiti style, includes a custom Everdure Cube™ grill kit. Available on November 16, 2021, at 2:30 PM PST for $495, it comprises essential grilling items and is aimed at attracting a younger audience. The company expresses enthusiasm for blending art and culinary experiences.
The Clorox Company (NYSE: CLX) reported a 6% decline in net sales to $1.8 billion for Q1 FY2022, contrasting sharply with a 27% increase a year ago. Diluted EPS fell 65% to $1.14, primarily due to lower gross margin and a prior-year gain. Gross margin decreased 1090 basis points to 37%, affected by increased costs. While the company anticipates continued inflationary pressures, it confirmed its FY2022 outlook with projected net sales declines of 2% to 6% and adjusted EPS between $5.40 and $5.70.
The Clorox Company (NYSE: CLX) will have CEO Linda Rendle and CFO Kevin Jacobsen participate in a fireside chat at the Bernstein Operational Decisions Conference on November 3, starting at 11 a.m. ET. This event will be accessible via a live webcast, with replays available afterward. Clorox, a leading manufacturer of consumer and professional products, reported sales of $7.3 billion in fiscal year 2021, employing around 9,000 people globally. The company is recognized for its sustainability efforts and community contributions, totaling approximately $20 million in 2021.
Burt's Bees has launched a $2 million, three-year partnership called SheKeeper with USAID and its shea suppliers to enhance the economic conditions of shea producers in West Africa. This initiative aims to empower over 16 million women in the shea industry, enabling at least 600 women to acquire new skills and create job opportunities. By fostering beekeeping and increasing exports from Ghana, SheKeeper supports the livelihoods of smallholders and promotes gender equality. The program aligns with Burt's Bees' commitment to sustainability and aims to impact 50,000 people by 2025.
The Clorox Company (NYSE: CLX) will release its first-quarter fiscal year 2022 results on November 1, 2021. Key timings include a press release at 1:15 p.m. PT and a live Q&A webcast at 2:30 p.m. PT with CEO Linda Rendle and CFO Kevin Jacobsen. Clorox, a leading consumer and professional products manufacturer, reported fiscal year 2021 sales of $7.3 billion with over 80% of sales from brands holding top market positions. For more details, visit their website.
The Clorox Company (NYSE: CLX) has been awarded the 2021 Safer Choice Partner of the Year for its commitment to producing safer products. This marks the fourth time Clorox has received this recognition. Currently, 27 Clorox products meet the Safer Choice criteria, up from 19 in 2018. The company's ESG goals include improving health, combating climate change, and supporting communities. With $7.3 billion in fiscal year 2021 sales, Clorox is focused on maintaining its status as a leader in creating environmentally friendly products.
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