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Discover press releases covering CLX's diverse portfolio, including Clorox® disinfectants, Burt's Bees® natural care, and Kingsford® grilling products. Stay informed about operational developments, ESG progress, and market leadership in household essentials.
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The Clorox Company (NYSE: CLX) reported second-quarter fiscal 2023 results with net sales of $1.72 billion, a 1% increase compared to the previous year. Gross margin rose to 36.2%, up 320 basis points, aided by pricing and cost savings. Diluted EPS increased 43% to 80 cents, with adjusted EPS up 48% to 98 cents. Organic sales grew by 4%, while net cash provided by operations reached $387 million, a 74% increase. Clorox revised its fiscal 2023 outlook, anticipating net sales between a 2% decrease and a 1% increase. The company emphasized ongoing strategic investments and maintaining brand relevance amid macroeconomic challenges.
The Clorox Company (NYSE: CLX) will announce its second-quarter fiscal year 2023 results on Feb. 2, 2023. The timing includes a press release and management remarks available at 1:15 p.m. PT (4:15 p.m. ET), followed by a live Q&A audio webcast with CEO Linda Rendle and CFO Kevin Jacobsen at 2 p.m. PT (5 p.m. ET).
Relevant links for the webcast and press release will be made available on the company's investor website.
The Clorox Company (NYSE: CLX) has declared a quarterly dividend of $1.18 per share, payable on Feb. 10, 2023, to shareholders on record as of Jan. 25, 2023. This marks the company's 20th consecutive year of dividend increases and more than 50 years of annual dividends. Clorox aims to drive well-being through its trusted brands and has committed to integrating ESG principles into its reporting, focusing on Healthy Lives, Clean World, and Thriving Communities.
On November 14, 2022, Hidden Valley Ranch launched a limited-edition collectible called "Ranch on a Branch," featuring a plushie and a storybook. Priced at $30, it aims to spread holiday joy by encouraging acts of kindness. The campaign also includes a $30,000 donation to Feeding America, providing 300,000 meals to those in need. The product can be purchased through Hidden Valley's website while supplies last. The initiative reflects the brand's commitment to community support and customer engagement during the holiday season.
The Clorox Company (NYSE: CLX) has been recognized as a 2022 Safer Choice Partner of the Year by the EPA for its commitment to safer product manufacturing. This marks the fifth time Clorox has received this award, highlighting its dedication to using safer ingredients for families and the environment. Additionally, the company participated in modernizing the Design for the Environment logo. Currently, 11 Clorox products carry the Safer Choice label, ensuring strict adherence to EPA standards. Clorox's ESG goals aim to promote health, reduce waste, and support communities.
The Clorox Company (CLX) reported a 4% decrease in net sales to $1.74 billion for Q1 FY2023, primarily due to lower volumes, despite a favorable price mix. Diluted EPS fell 40% to 68 cents, impacted by investments in digital capabilities and operating model changes. Adjusted EPS decreased 23% to 93 cents. Gross margin dropped to 36% amid rising manufacturing costs. The company maintains its FY2023 sales outlook, projecting a 2% increase and aiming for a gross margin improvement of 200 basis points.
The Clorox Company (NYSE: CLX) will announce its first-quarter fiscal year 2023 results on November 1, 2022. The schedule includes a press release at 1:15 p.m. PT and a live Q&A session at 2 p.m. PT featuring CEO Linda Rendle and CFO Kevin Jacobsen. Interested parties can access the webcast and press release on the company’s investor relations website. Clorox, headquartered in Oakland, California, emphasizes its commitment to health and environmental sustainability through its various trusted brands.
The Clorox Company (NYSE: CLX) has declared a quarterly dividend of $1.18 per share, payable on Nov. 10, 2022, to stockholders of record as of Oct. 26, 2022. This marks the company's commitment to providing shareholder value, having increased its dividend for 20 consecutive years and maintained annual dividends for over 50 years. Clorox is known for its trusted brands available in about 90% of U.S. homes and is headquartered in Oakland, California.
CloroxPro has launched the EcoClean™ platform, a new line of environmentally friendly cleaners and disinfectants designed for professional use. This product line includes EPA-certified disinfectant and all-purpose cleaners made with up to 99% plant-based ingredients. EcoClean products effectively kill 99.9% of germs in under two minutes and meet high safety standards for human health and the environment. Consumer surveys indicate a significant demand for eco-conscious cleaning solutions in public spaces. Clorox aims to enhance sustainability in cleaning practices while maintaining efficacy.
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