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Clorox Company - CLX STOCK NEWS

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.

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Clorox sells Clorox Argentina to Apex Capital, advancing its IGNITE strategy for long-term growth. The sale includes production plants, brand rights, and intellectual property, impacting 2% of fiscal year 2024 net sales. The transaction incurs a $233 million charge, reducing earnings per share by $1.87.
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Clorox's plants in Saudi Arabia achieve zero-waste-to-landfill status, surpassing global goals ahead of schedule. The company emphasizes the importance of recycling and waste management for environmental sustainability.
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Burt's Bees, a leading natural skin care brand, presented research at the 2024 AAD Annual Meeting on the benefits of nature-based products for skin health. Studies showcased the efficacy of aloe-based moisturizers in improving skin barrier function and hydration, supporting the skin microbiome, and enhancing tolerability for various skin conditions.
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Clorox Company celebrates Women's History Month by honoring key female figures in its history.
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Clorox Company emphasizes strong corporate governance practices to maintain trust and create long-term shareholder value. The board of directors showcases diverse skills and oversight of the IGNITE strategy, ensuring transparency, robust risk management, and stakeholder engagement.
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Clorox Company (CLX) declares a quarterly dividend of $1.20 per share, continuing its tradition of shareholder value.
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Clorox (CLX) secures top rank on Barron's 2024 Most Sustainable Companies list for the second year. Recognized for sustainability, employee experience, and governance. Achievements include pay equity, ESG governance, diversity, climate action plan, renewable energy, waste reduction, and EPA accolades.
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Arnold Kintu and his mentors, Tamara Marshall and Vivian Eng, showcase the benefits of a mentoring program in career development. Arnold's pursuit of advancement through mentorship highlights the impact of guidance and support in professional growth.
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Annette A. Angus, Ph.D., a microbiologist and R&D manager at Clorox, brings a unique perspective to the company with her social activism.
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Clorox Company's CEO and CFO to speak at CAGNY annual conference in Boca Raton, Fla. on Feb. 22. Webcast details provided for live viewing and replay.
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FAQ

What is the current stock price of Clorox Company (CLX)?

The current stock price of Clorox Company (CLX) is $167.64 as of November 15, 2024.

What is the market cap of Clorox Company (CLX)?

The market cap of Clorox Company (CLX) is approximately 20.7B.

What products does Clorox Company offer?

Clorox offers a wide range of products including cleaning supplies, laundry care products, trash bags, cat litter, charcoal, food dressings, water filtration solutions, and natural personal care products.

Where is Clorox headquartered?

Clorox is headquartered in Oakland, California, United States.

What are some of Clorox’s well-known brands?

Some well-known brands from Clorox include Clorox® bleach, Pine-Sol®, Fresh Step®, Kingsford®, Hidden Valley®, Brita®, Glad®, and Burt's Bees®.

In how many countries does Clorox operate?

Clorox manufactures products in more than two dozen countries and markets them in over 100 countries.

What recent challenges has Clorox faced?

Clorox recently faced a cyberattack in August 2023, but has reported significant recovery and operational rebuilding efforts.

What is Clorox’s IGNITE strategy?

Clorox’s IGNITE strategy focuses on evolving its portfolio to concentrate on core businesses, driving consistent and profitable growth.

What sustainability achievements has Clorox made?

Clorox has achieved zero-waste-to-landfill status for its plants in Asia and the Middle East and was ranked No. 1 on Barron's 100 Most Sustainable Companies list.

How is Clorox investing in its future operations?

Clorox is investing in digital capabilities and productivity enhancements, aiming for significant cost savings and efficiency improvements over the next few years.

What is Clorox’s commitment to ESG?

Clorox is committed to Environmental, Social, and Governance (ESG) principles, integrating them into its business operations and earning high sustainability rankings.

What are Clorox’s plans for cost savings?

Clorox plans to achieve annual cost savings of $75 million to $100 million through its streamlined operating model and digital investments.

Clorox Company

NYSE:CLX

CLX Rankings

CLX Stock Data

20.73B
123.78M
0.18%
83.2%
2.62%
Household & Personal Products
Specialty Cleaning, Polishing and Sanitation Preparations
Link
United States of America
OAKLAND