The Clorox Company (CLX)
The Clorox Company (CLX) Barclays 17th Annual Global Consumer Staples Conference (Transcript)
The Clorox Company (NYSE:CLX ) Barclays 17th Annual Global Consumer Staples Conference September 4, 2024 3:00 PM ET Company Participants Linda Rendle - Chair and Chief Executive Officer Kevin Jacobsen - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bank PLC Lauren Lieberman Let us get started. So I'm really happy to be welcoming The Clorox Company.
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Clorox Stock: A Defensive Play in a Stormy Economy
Leading consumer products company Clorox Co. NYSE: CLX stock surged 7.4% on a strong fiscal Q4 2024 earnings performance. The maker of personal care, cleaning, and kitchen products has been in negative normalization since its anomalous pandemic surge, peaking its shares at $239.87 in August 2020.
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Clorox's stock is rallying on the company's bullish profit outlook. But its recovery might depend too much on trash bags — and cats.
During its most recent quarter, Clorox Co.'s sales were hurt by more competition for things like trash bags and cat litter. In the household-goods maker's earnings release on Thursday, executives blamed unfriendly weather for weaker grilling-product sales.
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Clorox (CLX) Q4 Earnings Beat Estimates, Gross Margin Expands
Clorox's (CLX) fiscal 2025 gross margin is expected to improve by around 100 basis points, driven by comprehensive margin management efforts.
