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.
Glad, a leading household waste solutions brand, has partnered with T-Boz from TLC to promote its new Glad ForceFlex Scented Trash Bags campaign. The collaboration focuses on 'scent-stalgia', highlighting how scents can evoke nostalgic memories. The campaign features the 'Glad Girl Group', showcasing '90s-inspired dance moves and fashion to make cleaning more enjoyable.
T-Boz has joined TikTok to support the partnership. From July 22 to August 7, consumers can participate in a sweepstakes for a chance to win a trip to see TLC and Shaggy in concert, along with custom merchandise. The campaign aims to connect with consumers through the power of scent and '90s nostalgia, leveraging T-Boz's iconic status and choreography skills.
The Clorox Company's Glad plant in Rogers, Arkansas, was hit by a tornado in late May, causing significant damage. Plant leaders and employees quickly responded to ensure safety and restore operations. Key actions included:
1. Evacuating over 100 employees to tornado shelters
2. Assessing and mitigating immediate risks (e.g., shutting off gas and electricity)
3. Cleaning up debris and water damage
4. Repairing the building structure
5. Restoring IT infrastructure
Despite challenging conditions, dedicated teams worked long hours to get the plant operational just two days after the tornado hit. The rapid response and collaborative effort demonstrated the resilience and commitment of Clorox employees in the face of adversity.
On July 11, 2024, Clorox (NYSE: CLX) announced it will release its fourth-quarter and fiscal year 2024 results on August 1, 2024. The timeline for the release is as follows: the press release and prepared management remarks will be posted on the company's website at 1:15 p.m. PT / 4:15 p.m. ET, and a live Q&A audio webcast for analysts with Chair and CEO Linda Rendle and CFO Kevin Jacobsen will follow at 2 p.m. PT / 5 p.m. ET. Links to the webcast, press release, and prepared remarks are available on the Clorox quarterly results page.
The Clorox Company has received multiple accolades for its commitment to ESG (Environmental, Social, and Governance) excellence. Clorox was named among Parity.Org's Best Companies for Equal Advancement Opportunity, highlighting its efforts toward diversity and inclusion. Additionally, U.S. News & World Report listed Clorox as one of the Best Companies to Work For in 2024-25, recognizing its policies on flexibility, well-being, and personal growth.
The company was also honored on the USA TODAY and Statista 2024 list of America's Climate Leaders for the second consecutive year, underscoring its sustainability practices. Furthermore, the Burt's Bees SheKeeper program received Boston College Center for Corporate Citizenship's 2024 Innovation Amplifier Award for its transformative impact on natural ingredient supply chains and women's economic empowerment in West Africa.
These recognitions demonstrate Clorox's dedication to fostering a diverse, inclusive, and sustainable workplace while advancing its long-term business success.
Kingsford has announced that former NFL player Jason Kelce joins their team as the new 'King of the Grill.' Kelce, who recently retired, is transitioning from football to grilling, continuing the tradition started by his father. He is set to learn the art of slow grilling under the mentorship of Vince Wilfork, another NFL retiree who partnered with Kingsford in 2017. The collaboration aims to promote the joy of grilling and quality moments with loved ones.
Throughout the summer, Kelce's grilling journey will be shared on Kingsford's website and social media channels, featuring exclusive recipes and friendly competitions. Wilfork emphasizes that Kingsford is the choice for both novices and experts in barbecuing.
Stephanie Knight has reached several milestones during her five-year tenure at Clorox. Initially, she helped manage the Aberdeen, Maryland site during the early stages of COVID-19. She then became the first woman and the youngest to manage the Glad manufacturing plant in Rogers, Arkansas. Stephanie's chemical engineering background has allowed her to contribute significantly across various brands, including Burt's Bees. She emphasizes building inclusive, people-centered teams that drive performance. Her competitive spirit and loyalty to Clorox brands fuel her commitment to excellence and operational efficiency.
Clorox recently concluded its annual IDEAcon event, focusing on inclusion, diversity, equity, and allyship (IDEA). This year's theme emphasized actionable allyship to foster a more inclusive workplace. Held across 26 global locations, the event featured discussions on integrating IDEA into Clorox's culture and IGNITE strategy. Key takeaways included the importance of recognizing and supporting colleagues, understanding insider-outsider dynamics, and maintaining the momentum for ongoing IDEA initiatives. Clorox encourages employees to join resource groups and actively engage in allyship to continue building a purpose-driven brand.
Brita, a brand under The Clorox Company, has introduced a new beach-cleaning robot named BeBot in celebration of World Ocean Day. This fully electric and remotely operated robot can clean up to 32,000 square feet of beach per hour, collecting litter without disrupting the sand. The litter is analyzed and recycled when possible, with insights used to raise awareness about plastic pollution. Unveiled on Earth Day in partnership with Detroit and the Council of the Great Lakes Region, the BeBot initiative received support from Midwest retailer Meijer and will operate on Belle Isle in the Detroit River from April to October 2024.
Burt's Bees celebrated its 40th anniversary on June 7, 2024, with a special Culture Day event. The celebration featured Roxanne Quimby, co-founder of the brand, and included community service activities focused on food security and environmental preservation. Employees participated in service projects with Rise Against Hunger and the Food Bank of Central and Eastern North Carolina. Additional activities included educational sessions on bee support and nature hikes. The event aimed to reinforce Burt's Bees' commitment to sustainability and community engagement.
Fresh Step® collaborates with actress Kat Dennings to promote a -edition Garfield-themed litter box benefiting Best Friends Animal Society. This initiative aligns with the release of The Garfield Movie on May 24, 2024. Available exclusively at Walmart, each box purchased between May 1 and June 9 triggers a donation of up to 1 million pounds of litter to shelters. Fresh Step has been an official partner of Best Friends since 2019, aiding cat adoptions through donations and educational tools. The promotion aims to support shelter cats and highlight the emotional bond between pets and owners.
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