Welcome to our dedicated page for Clorox Co Del news (Ticker: CLX), a resource for investors and traders seeking the latest updates and insights on Clorox Co Del stock.
The Clorox Company reports news on a broad consumer-products portfolio spanning cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water filtration and personal care. Company updates commonly cover quarterly results, outlook revisions, margin drivers, cost savings, manufacturing and logistics costs, and portfolio investment across brands such as Clorox, Glad, Pine-Sol, Fresh Step, Kingsford, Hidden Valley, Brita and Burt's Bees.
Clorox news also includes product launches and brand extensions, including Hidden Valley Ranch foods and seasonings, Burt's Bees personal-care products, Kingsford grilling products and household cleaning innovations. Corporate updates cover dividends, board and governance matters, and completed portfolio actions such as the GOJO Industries acquisition, which added Purell and health and hygiene solutions.
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.
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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.
The Clorox brand is partnering with Allyson Felix to enhance germ prevention for back-to-school families. Research reveals children's clothes are 28 times germier than toilet seats, with backpacks 31 times germier than cell phones. A survey of parents highlights that 69% are concerned about germs from school, with 54% fearing illness. Clorox promotes effective cleaning solutions to keep homes safe during the school year, recognizing the added stress for parents, especially among parents of color. For back-to-school cleaning, Clorox offers products like Disinfecting Wipes and Mist.
The Clorox Company (NYSE: CLX) will present at the Barclays Global Consumer Staples Conference in Boston. CEO Linda Rendle and CFO Kevin Jacobsen will participate in a fireside chat on September 7 from 3-3:40 p.m. ET. Live webcasts of the event can be accessed on the company's website and replays will be available afterwards.
Clorox champions health and well-being with trusted brands, reaching 90% of U.S. homes.
The Glad Products Company has collaborated with Amanza Smith, a real estate agent from the show Selling Sunset, to promote their ForceFlexPlus trash bags featuring Clorox's odor-eliminating technology. A recent survey reveals that 93% of prospective homebuyers consider smell a significant factor in purchasing decisions, with 46% stating bad odors would deter them entirely. Glad's bags don't just mask odors; they eliminate them, enhancing home appeal. Glad's Torture Test showcased the effectiveness of their bags while educating sellers on creating inviting spaces.