Clorox Co Del Stock Price, News & Analysis

The Clorox Company (NYSE: CLX) has signed a 12-year, 47-megawatt virtual power purchase agreement with Enel Green Power North America to boost its renewable electricity supply starting in 2023. This agreement aims to fulfill Clorox's commitment to 100% renewable energy for its U.S. and Canada operations, covering about half of its electricity needs. The initiative, along with earlier efforts, is expected to reduce CO2 emissions by nearly 160,000 metric tons annually. The move aligns with the company's broader ESG goals, including a target for net zero emissions by 2050.

The Clorox Company (NYSE: CLX) launched the Healthy Parks Project on Earth Day, committing $200,000 to the Oakland Parks and Recreation Foundation. This initiative focuses on enhancing environmental justice by improving access to parks in underserved communities, starting in West Oakland. Over the first year, Clorox aims to contribute over $300,000 to parks organizations where they have a significant employee base. The company promotes community engagement through volunteer events and grants for environmental justice nonprofits, highlighting their commitment to diversity and inclusion.

The Clorox Company (NYSE: CLX) is set to release its third-quarter fiscal year 2022 results on May 2, 2022. A press release and prepared remarks will be posted at 1:15 p.m. PT and followed by a live Q&A webcast featuring CEO Linda Rendle and CFO Kevin Jacobsen at 2 p.m. PT. Clorox, known for brands like Pine-Sol and Glad, reported fiscal 2021 sales of $7.3 billion and employs approximately 9,000 individuals globally. The company is recognized for its commitment to corporate responsibility and sustainability.

Kingsford has launched a new line of Signature Flavors that combines charcoal briquets or pellets with 100% real spices, enhancing grilling experiences. Available in three flavors—Garlic Onion Paprika, Basil Sage Thyme, and Cumin Chili—these products are designed for easy customization. They cater to both novice and experienced grillers, with charcoal briquets releasing flavors as they cook and hardwood pellets for optimal grill performance. The products are available nationwide in sizes ranging from 2 to 17 pounds.

Hamilton Beach Brands, a subsidiary of Hamilton Beach Brands Holding Company (NYSE: HBB), has entered into an exclusive multiyear trademark licensing and product development agreement with Brita, a leader in at-home water filtration. This partnership aims to launch a new line of countertop water appliances later this year, promoting sustainable water filtration solutions. The collaboration is expected to tap into the growing demand for home health and wellness products, a market valued in the multibillion-dollar range. The agreement aligns with Hamilton Beach's strategy to innovate and expand its product offerings in health-focused categories.

On March 10, 2022, Hidden Valley Ranch unveiled a unique 2-carat diamond, crafted from its iconic seasoning, in celebration of National Ranch Day. This one-of-a-kind diamond, created through a meticulous process involving extreme heat and pressure, will be auctioned off until March 17, with a starting bid of $310. All proceeds will support Feeding America, with every dollar providing at least 10 meals. The roll-out coincides with a rise in proposals and weddings, with the winning bidder receiving the diamond just in time for National Proposal Day on March 20.

The Clorox Company (NYSE: CLX) has announced a quarterly dividend of $1.16 per share, payable on May 13, 2022, to stockholders of record by April 27, 2022. With nearly 20 consecutive years of dividend increases, Clorox continues its strong history of delivering shareholder value. In fiscal year 2021, the company reported sales of $7.3 billion and maintains market-leading positions in over 80% of its product categories. Clorox is also recognized for its corporate sustainability efforts, ranking on notable environmental and equality indices.

Clorox announced a partnership with Athletes for Hope to expand its AFH University program to Clark Atlanta University, Emory University, and Morehouse College. This initiative aims to promote social change through community service by engaging college athletes. Clorox is also the Official Cleaning and Disinfecting Partner of the NBA and plans to support local volunteer events in Atlanta. The company reported fiscal year 2021 sales of $7.3 billion and is recognized for its corporate responsibility efforts, contributing $20 million in cash grants and donations.