Clorox Co Del Stock Price, News & Analysis

Kingsford and Miller Lite have announced the return of their popular Beercoal product - charcoal briquets infused with real Miller Lite beer. After selling out quickly in 2022 and 2023 through the Miller Lite Shop, the product will now be available at retailers nationwide for a limited time. The collaboration combines Kingsford's Original Charcoal with Miller Lite to deliver enhanced smoky flavor to grilled foods.

The charcoal features Kingsford's signature design with more edges and grooves for faster lighting, becoming grill-ready in approximately 15 minutes. The product maintains the same reliability and ease of use as traditional Kingsford charcoal while adding a unique beer-infused taste profile.

Clorox (NYSE: CLX) has announced the election of Gina Boswell to its board of directors, effective May 19, 2025. Boswell, 62, currently serves as the CEO of Bath & Body Works, Inc. and brings extensive leadership experience from previous senior roles at major consumer goods companies including Unilever, Avon, Ford, and Estée Lauder. Her appointment will expand Clorox's board to 12 members.

With her deep background in retail, marketing, brand building, business development, operations, and innovation in the consumer goods sector, Boswell is expected to provide valuable insights for Clorox's business strategy and growth initiatives. She also brings significant public company board experience, having served on the boards of ACCO Brands Corporation, Manpower Group, Inc., and Wolverine Worldwide, Inc.

CloroxPro (CLX) has secured a new contract with Vizient, the largest provider-driven healthcare performance improvement company in the U.S. The agreement, effective May 1, 2025, allows CloroxPro to supply a comprehensive range of cleaning and disinfecting solutions to Vizient's customer base.

The contract includes products from trusted brands like Clorox Healthcare, Clorox EcoClean, and Pine-Sol. This partnership leverages CloroxPro's 110-year legacy in healthcare support and aims to deliver enhanced value to Vizient's customers through effective cleaning solutions and comprehensive education and support services.

Clorox (NYSE: CLX) reported Q3 FY2025 results with net sales decreasing 8% to $1.67 billion, primarily due to VMS and Argentina business divestitures. Organic sales declined 2% due to unfavorable price mix, while organic volume remained flat. The company achieved its 10th consecutive quarter of gross margin expansion, increasing 240 basis points to 44.6%. Diluted EPS rose 466% to $1.50, while adjusted EPS decreased 15% to $1.45. For FY2025, Clorox updated its outlook, expecting net sales to be down 1% to flat, with organic sales growth of 4-5%. The company maintained overall market shares despite challenging macroeconomic conditions and expects adjusted EPS between $6.95 and $7.35, representing a 13-19% year-over-year increase.

Clorox (NYSE: CLX) has scheduled its third-quarter fiscal year 2025 earnings release for May 5, 2025. The company will follow a two-part announcement format:

1. At 1:15 p.m. PT / 4:15 p.m. ET: Press release and prepared management remarks will be published on the company's website

2. At 2 p.m. PT / 5 p.m. ET: A live Q&A audio webcast will be held featuring Chair and CEO Linda Rendle and CFO Luc Bellet

Hidden Valley Ranch has announced the launch of seven new flavors to expand its condiment and seasoning portfolio. The new lineup includes Blue Cheese Ranch, Kickin' Cajun Blackened Ranch, Cilantro Lime Ranch, Cracked Pepper Ranch, Sweet BBQ Ranch, Garlic Ranch Seasoning, and Creamy Jalapeno Ranch Seasoning.

The brand is also introducing a redesigned Easy Squeeze bottle featuring improved flow control and an inverted design to reduce waste. The new products will be available nationwide, with specific flavors exclusive to certain retailers: Kickin' Cajun Blackened Ranch at Kroger, while Blue Cheese Ranch, Sweet BBQ Ranch, and Cracked Pepper Ranch will be sold exclusively at Walmart.

Clorox (NYSE: CLX) has unveiled its new brand platform 'Clean Feels Good,' supported by innovative neuroscience research comparing emotional responses to cleaning versus common feel-good activities. The study, conducted in partnership with neurotech leader Emotiv, used EEG technology to measure brain activity among 30 participants.

Key findings from the research revealed surprising results: 37% of participants felt better cleaning the toilet than petting puppies, and cleaning activities produced emotional responses comparable to enjoyable experiences like getting manicures or having favorite beverages. The study showed that wiping kitchen counters generated a 6% better response than getting a massage.

Supporting survey data from January 2025, sampling 2,000 Americans, found that 21% of Americans clean to improve their mood, while 88% reported feeling good after wiping down surfaces. The initiative includes new TV spots featuring real people's responses to cleaning versus other pleasurable activities.

DiGiorno and Hidden Valley Ranch (NYSE: CLX) have announced a collaborative launch of two -edition ranch-infused pizzas. The new offerings include the Spicy Rancheroni Thin Crust Pizza, featuring buffalo-style ranch sauce and jalapeños, available exclusively at Kroger stores for $6.99 starting March 2025, and the Chicken Bacon Ranch STUFFED Crust Pizza, launching nationwide in April for $9.49.

Alongside the product launch, the companies will release a -edition merchandise collection including sweatshirts, socks, tote bags, and lapel pins, available through an exclusive online giveaway on Pi Day (March 14) at noon ET.

Clorox (NYSE: CLX) has announced a quarterly dividend of $1.22 per share on its common stock. The dividend will be paid on May 9, 2025, to shareholders who are on record as of April 23, 2025.

The company highlighted its consistent track record of delivering shareholder value through regular dividend payments and yearly dividend increases.