Welcome to our dedicated page for Clorox Co Del news (Ticker: CLX), a resource for investors and traders seeking the latest updates and insights on Clorox Co Del stock.
The Clorox Company generates news across multiple consumer product categories, with developments spanning earnings reports, brand partnerships, product innovations, and marketing campaigns. As a multi-brand consumer packaged goods company operating globally, Clorox news reflects performance across its cleaning, food, filtration, charcoal, pet care, and personal care segments. Investors track Clorox for insights into consumer spending trends, brand health, retail dynamics, and competitive positioning within household products markets.
Quarterly earnings reports reveal segment performance across Clorox's diverse portfolio, showing which brands and categories drive revenue growth and where market challenges emerge. News coverage includes financial results, management commentary on consumer behavior, retail inventory trends, and pricing strategies. These earnings announcements provide data points on how economic conditions affect demand for branded household products versus private label alternatives.
Product launch announcements and marketing campaigns demonstrate Clorox's innovation pipeline and brand-building investments. News about new product formulations, packaging changes, sustainability initiatives, and brand partnerships indicates strategic priorities across the portfolio. Marketing collaborations—such as co-branded products or celebrity endorsements—signal how Clorox positions brands to maintain relevance with evolving consumer demographics and preferences.
Business development news covers acquisitions, divestitures, and strategic partnerships that reshape Clorox's brand portfolio. Changes in distribution agreements, retail partnerships, and e-commerce strategies reflect shifts in how consumers purchase household products. Commercial business announcements related to CloroxPro's institutional and professional cleaning segments provide visibility into Clorox's B2B operations beyond consumer retail.
Regulatory and environmental news affects Clorox given the company's exposure to product safety regulations, environmental compliance requirements, and sustainability expectations. Developments related to ingredient transparency, packaging recyclability, and chemical regulations influence product formulations and operational costs. News about supply chain disruptions, commodity costs, and manufacturing operations impacts Clorox's operational efficiency and margin performance.
Following Clorox news helps investors understand how consumer preferences shift across categories from traditional cleaning products to natural personal care, how pricing power holds up amid inflation and competition, and how multi-brand portfolio companies navigate retail consolidation and e-commerce growth. Regular monitoring reveals trends in household product consumption, brand loyalty dynamics, and competitive intensity within consumer packaged goods markets.
The Clorox Company (NYSE: CLX) reported flat net sales of $1.8 billion for Q4 FY2022, with organic sales up 1%. Gross margin remained stable at 37.1%. Diluted EPS grew 4% to 81 cents, though adjusted EPS fell 2% to 93 cents. The company faces challenges from ongoing inflation and market normalization but has launched a streamlined operating model expected to save $75-$100 million annually. For FY2023, Clorox anticipates a 4% decline to a 2% rise in net sales and a diluted EPS range of $3.10 to $3.47, reflecting continued investment in brand and digital capabilities.
The Clorox Company (NYSE: CLX) has declared a 2% increase in its quarterly dividend, raising it from $1.16 to $1.18 per share. The dividend will be payable on August 12, 2022, to shareholders recorded by the close of business on July 27, 2022. Clorox has a strong history of returning value to shareholders, having increased its dividend for 20 consecutive years and maintained annual dividends for over 50 years.
In fiscal year 2021, Clorox reported sales of $7.3 billion, with over 80% of its sales generated from brands holding top market positions.
The Clorox Company (NYSE: CLX) announced it will release its fourth-quarter and fiscal year 2022 results on August 3, 2022. The press release will be available at 1:15 p.m. PT (4:15 p.m. ET), followed by a live Q&A webcast with CEO Linda Rendle and CFO Kevin Jacobsen at 2 p.m. PT (5 p.m. ET). Clorox is recognized for its strong brand portfolio with 80% of sales from leading market share products and reported fiscal year 2021 sales of $7.3 billion. For more details, visit the Clorox investor site.
The Clorox Company (NYSE: CLX) has joined the Responsible Flushing Alliance alongside GOJO Industries to enhance consumer awareness regarding proper disposal habits through the #FlushSmart campaign. This initiative coincides with California's inaugural Flush Smart Day on July 1, promoting the 'Do Not Flush' symbol on packaging of single-use cleaning products. Clorox aims to promote health and safety by encouraging responsible disposal practices, while GOJO emphasizes improving hygiene solutions. The RFA continues to grow, inviting more industry stakeholders to contribute.
The Clorox Company (NYSE: CLX) announced the appointment of Julia Denman and Stephanie Plaines to its board of directors on May 18, 2022. Denman brings nearly 30 years of financial leadership experience from Microsoft and Procter & Gamble, while Plaines has over 30 years in finance, having worked with PepsiCo and Walmart. Their appointments expand the board from 11 to 13 members, enhancing its diversity with 46% female and 30% people of color representation. Both will serve on the audit committee.
The Clorox Company (NYSE: CLX) will present at three investor conferences in June 2022. CEO Linda Rendle and CFO Kevin Jacobsen will speak at the RBC Capital Markets Global Consumer & Retail Conference in Boston on June 1, the Bernstein 38th Annual Strategic Decisions Conference in New York on June 2, and the dbAccess Global Consumer Conference in Paris on June 15. The events will include live webcasts available on the company's website, where replays will also be posted. Clorox reported $7.3 billion in fiscal year 2021 sales and employs approximately 9,000 people.
Brita is expanding its partnership with U.S. municipalities to address lead contamination in drinking water, following stringent EPA regulations. With the ongoing Biden Administration's infrastructure initiative, which aims to replace outdated water systems over 15 years, Brita aims to offer immediate relief through lead-reducing Elite pitchers. The initiative targets eliminating reliance on 20 billion single-use plastic bottles per year by 2030, while assisting vulnerable communities. This partnership includes providing affordable filtration solutions and educational resources to ensure safe drinking water access.
The Clorox Company (NYSE: CLX) reported a net sales increase of 2% to $1.8 billion in Q3 FY2022, due to higher shipments across segments. However, gross margin decreased by 760 basis points to 35.9%, impacted by rising manufacturing and commodity costs. Diluted EPS rose to $1.21, a 347% increase from a loss in the prior year, while adjusted EPS fell 19% to $1.31. The fiscal outlook indicates a net sales decrease of 1% to 4%, with diluted EPS projected between $3.60 and $3.85, reflecting a decline of 31% to 35%. Clorox continues to innovate and pursue strategic investments amidst inflationary pressures.
The Clorox Company (NYSE: CLX) has signed a 12-year, 47-megawatt virtual power purchase agreement with Enel Green Power North America to boost its renewable electricity supply starting in 2023. This agreement aims to fulfill Clorox's commitment to 100% renewable energy for its U.S. and Canada operations, covering about half of its electricity needs. The initiative, along with earlier efforts, is expected to reduce CO2 emissions by nearly 160,000 metric tons annually. The move aligns with the company's broader ESG goals, including a target for net zero emissions by 2050.
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