Clorox Co Del Stock Price, News & Analysis

The Clorox Company (NYSE: CLX) has declared a quarterly dividend of $1.11 per share, payable on November 20, 2020, to shareholders of record by November 4, 2020. This marks the 51^st consecutive year of dividends since the company regained independence. Clorox reported fiscal year 2020 sales of $6.7 billion and is recognized for its leading consumer brands, with over 80% of its sales coming from top market share products. The company has been acknowledged for its corporate responsibility efforts and sustainability initiatives.

The Clorox Company (NYSE:CLX) has joined over 1,000 companies in supporting the United Nations' call for inclusive multilateralism, as evidenced by CEO Linda Rendle signing the Statement from Business Leaders for Renewed Global Cooperation. The statement emphasizes ethical leadership, accountability, and addressing systemic inequalities. Clorox, a UN Global Compact signatory since 2015, reaffirms its commitment to sustainable growth and corporate governance aligned with UN principles. The company generated $6.7 billion in sales in fiscal year 2020 and is recognized for its significant contributions to community support.

Pine-Sol® Original Multi-Surface Cleaner has been approved by the U.S. EPA for kill claims against SARS-CoV-2 after successful third-party testing. This approval enhances the cleaner's role in maintaining health safety amid the COVID-19 pandemic, particularly for essential workers. Research indicates that 58% of Black American millennial women are concerned about health and cleaning product access. Clorox aims to increase disinfectant access to help combat the virus. The company reported 2020 sales of $6.7 billion and continues to emphasize its commitment to community health and safety.

The Clorox Company (NYSE: CLX) has joined the U.S. Plastics Pact, aiming to achieve ambitious circular economy goals by 2025. The initiative involves over 60 organizations and focuses on minimizing plastic waste through defined strategies. Clorox committed to ensuring that all plastic packaging is 100% reusable, recyclable, or compostable by 2025, and to effectively recycling or composting 50% of plastic packaging. The company will provide annual updates on progress, reflecting a strong commitment to environmental sustainability.

The Clorox Company (NYSE: CLX) announced that President and CEO-elect Linda Rendle will speak at the Barclays Global Consumer Staples Virtual Conference on September 9, 2020, at 2 p.m. ET. The discussion will be available via live webcast, with a replay accessible afterward. Clorox, a major player in consumer products, reported fiscal year 2020 sales of $6.7 billion, supported by brands like Pine-Sol and Glad. The company is also recognized for its corporate responsibility, contributing over $25 million in grants and donations in FY2020.

The Clorox Company (NYSE: CLX) and Cleveland Clinic have launched a guide titled "Safer at Home During the Coronavirus Pandemic" to provide households with essential COVID-19 safety information. Released on Aug. 18, 2020, the guide offers cleaning and disinfecting tips, emotional well-being advice, and strategies for caring for sick family members. This initiative follows their earlier guide focused on workplace safety. Clorox aims to leverage its cleaning expertise alongside Cleveland Clinic's healthcare knowledge to enhance public health measures amid ongoing COVID-19 challenges.

The Clorox Company (NYSE: CLX) announced that Linda Rendle will be promoted to CEO effective September 14, 2020, succeeding Benno Dorer, who served as CEO since November 2014. Rendle's extensive experience includes roles in cleaning, strategy, and operations, making her a suitable successor. Dorer will continue as executive chair. Under his leadership, Clorox achieved $6.7 billion in revenue for FY 2020, with significant advancements in innovation and shareholder returns. The company remains focused on growth, innovation, and supporting public health amid ongoing global challenges.

Clorox Company (NYSE: CLX) reported strong financial results for Q4 and fiscal year 2020, with a 22% sales increase and a 28% rise in diluted EPS to $2.41. Total sales for the fiscal year grew by 8%, with diluted EPS increasing by 16% to $7.36. The company experienced double-digit growth across all segments, driven by heightened demand for cleaning products amid the COVID-19 pandemic. Clorox also forecasted flat to low single-digit sales growth for fiscal year 2021, citing uncertainty due to ongoing pandemic impacts.

Clorox has announced a $1,000,000 donation to the ClearTheList Foundation to support teachers and students during the COVID-19 pandemic. A recent survey highlights that 88% of teachers are concerned about students lacking necessary supplies for remote learning, with 90% planning to buy supplies themselves. The initiative aims to alleviate the financial burden on educators, especially those in underserved schools. Clorox also offers grants of up to $500 for teachers to fulfill their supply wish lists. The company emphasizes its commitment to enhancing educational resources during this challenging back-to-school season.