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.
Kingsford, a leading outdoor fuel brand, is now offering full pallets of charcoal and pellets directly to consumers for the first time. Available for $400 with free delivery in the Continental U.S., the 'Pallet Present' contains either 48 bags of Kingsford Original Charcoal or 56 bags of Classic Blend Pellets. This initiative aims to cater to avid grillers looking for convenience. Additionally, Kingsford has launched a new range of premium gear and accessories on their online shop, enhancing their product offerings in the grilling market.
The Clorox Company (NYSE: CLX) announced a quarterly dividend of $1.11 per share, payable on February 12, 2021, to stockholders recorded by January 27, 2021. This marks the 51st consecutive year of dividend payments since Clorox's independence, emphasizing its commitment to shareholder value. With fiscal year 2020 sales at $6.7 billion, Clorox is a leading multinational brand recognized for its trusted consumer products. The company also actively contributes to community initiatives, donating over $25 million in fiscal 2020.
The Clorox Company (NYSE: CLX) announced that CEO Linda Rendle and CFO Kevin Jacobsen will speak at two upcoming investor conferences. Rendle will participate in a fireside chat at the Bernstein Operational Decisions Virtual Conference on November 16, 2020, at 11 a.m. ET. Jacobsen will present at the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2020, at 2 p.m. ET. The webcasts can be accessed on the Clorox Investor Events page, with replays available afterwards. Clorox reported $6.7 billion in fiscal year 2020 sales, employing about 8,800 people globally.
The Clorox Company (NYSE:CLX) reported a robust sales growth of 27% and a 103% increase in diluted net earnings per share (EPS) for Q1 fiscal 2021, ending Sept. 30, 2020. Diluted EPS reached $3.22, significantly up from $1.59 in the same period last year. The strong performance was driven by increased consumer demand due to COVID-19, with double-digit growth across eight of ten business units. The company anticipates FY 2021 sales growth between 5% and 9% and diluted EPS in the range of $7.70 to $7.95.
Kingsford has formed a partnership with recteq, focusing on enhancing backyard grilling experiences with recteq's pellet grills fueled by Kingsford's 100% Hardwood Pellets. Ed Huber from Kingsford emphasized the goal of quality and innovation through the collaboration. The initiative includes sharing recipes and grilling tips, with a focus on themes like holiday grilling. Additionally, Kingsford will co-sponsor recteq Academy, teaching barbecue secrets. The partnership also involves charitable contributions, with each brand donating $25,000 to local food banks during the holiday season.
Clorox has introduced a beta device designed to enhance safety in schools by detecting illness indicators such as fevers, coughs, and sneezes. With 79% of parents supporting technological solutions in schools, this device will be donated to select institutions for testing this fall. The device uses thermal sensors and proprietary software to monitor symptoms in real-time, alerting educators when thresholds are surpassed. This proactive measure aims to combat illness outbreaks and ensure safer classrooms, as 51% of parents cite difficulty in early detection as a major barrier to reopening schools.
The Clorox Company (NYSE: CLX) will host a live audio webcast discussing its first quarter fiscal year 2021 results on November 2, starting at 10:30 a.m. PT (1:30 p.m. ET). The event will be accessible via the company’s investor events page, with a replay available afterward. Clorox, recognized for its strong consumer brand portfolio, reported fiscal year 2020 sales of $6.7 billion and employs around 8,800 people globally. The company's brands hold dominant market positions, with over 80% of sales coming from those ranked No. 1 or No. 2 in their categories.
The Clorox Company (NYSE: CLX) received the 2020 Safer Choice Partner of the Year Award from the U.S. EPA, marking its third recognition in this category. The award acknowledges Clorox’s commitment to manufacturing products that prioritize health and sustainability. Notably, 21 Clorox products now carry the Safer Choice label, an increase from 19 in 2018. Clorox has actively participated in the Safer Choice Program since 2007, collaborating with the EPA to promote safer chemicals. The award was presented during a virtual ceremony on September 24, 2020.
The Clorox Company (NYSE: CLX) has declared a quarterly dividend of $1.11 per share, payable on November 20, 2020, to shareholders of record by November 4, 2020. This marks the 51st consecutive year of dividends since the company regained independence. Clorox reported fiscal year 2020 sales of $6.7 billion and is recognized for its leading consumer brands, with over 80% of its sales coming from top market share products. The company has been acknowledged for its corporate responsibility efforts and sustainability initiatives.
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