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The Clorox Company (NYSE: CLX) news hub provides investors and stakeholders with timely updates on this global leader in consumer goods. Track official announcements spanning earnings reports, product innovations, sustainability milestones, and strategic initiatives like the IGNITE transformation.
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Clorox recently concluded its annual IDEAcon event, focusing on inclusion, diversity, equity, and allyship (IDEA). This year's theme emphasized actionable allyship to foster a more inclusive workplace. Held across 26 global locations, the event featured discussions on integrating IDEA into Clorox's culture and IGNITE strategy. Key takeaways included the importance of recognizing and supporting colleagues, understanding insider-outsider dynamics, and maintaining the momentum for ongoing IDEA initiatives. Clorox encourages employees to join resource groups and actively engage in allyship to continue building a purpose-driven brand.
Brita, a brand under The Clorox Company, has introduced a new beach-cleaning robot named BeBot in celebration of World Ocean Day. This fully electric and remotely operated robot can clean up to 32,000 square feet of beach per hour, collecting litter without disrupting the sand. The litter is analyzed and recycled when possible, with insights used to raise awareness about plastic pollution. Unveiled on Earth Day in partnership with Detroit and the Council of the Great Lakes Region, the BeBot initiative received support from Midwest retailer Meijer and will operate on Belle Isle in the Detroit River from April to October 2024.
Burt's Bees celebrated its 40th anniversary on June 7, 2024, with a special Culture Day event. The celebration featured Roxanne Quimby, co-founder of the brand, and included community service activities focused on food security and environmental preservation. Employees participated in service projects with Rise Against Hunger and the Food Bank of Central and Eastern North Carolina. Additional activities included educational sessions on bee support and nature hikes. The event aimed to reinforce Burt's Bees' commitment to sustainability and community engagement.
Fresh Step® collaborates with actress Kat Dennings to promote a -edition Garfield-themed litter box benefiting Best Friends Animal Society. This initiative aligns with the release of The Garfield Movie on May 24, 2024. Available exclusively at Walmart, each box purchased between May 1 and June 9 triggers a donation of up to 1 million pounds of litter to shelters. Fresh Step has been an official partner of Best Friends since 2019, aiding cat adoptions through donations and educational tools. The promotion aims to support shelter cats and highlight the emotional bond between pets and owners.
Clorox (NYSE: CLX) has announced that its Chair and CEO, Linda Rendle, along with CFO, Kevin Jacobsen, will participate in a fireside chat at the dbAccess Global Consumer Conference. This event is scheduled for June 5, 2024, in Paris, starting at 9:15 a.m. CEST (3:15 a.m. ET and 12:15 a.m. PT). The discussion will be webcasted live on the company's website, with a replay available post-event.
On May 16, 2024, The Clorox Company announced an inclusive initiative at their San José, Costa Rica plant. This initiative is centered around providing sign language training to the workforce to support Jorge Hernandéz, a packaging plant auxiliary with a hearing disability. Initially, informal training evolved into a formal program with Enseñas Costa Rica, enhancing communication and fostering a sense of belonging among employees. Plant Manager Mauricio Guerrero Canet emphasized the company's commitment to inclusion, diversity, equity, and allyship (IDEA). This initiative demonstrates Clorox's focus on empowering employees and creating an inclusive work environment.
On May 15, 2024, The Clorox Company announced an educational campaign to promote preventive care screenings among its employees. This initiative follows the experience of Natalie Hovany, VP of HR business partnership, who discovered she had triple-negative breast cancer during a routine mammogram. The early detection allowed for timely treatment. Over the past year, Clorox has observed a significant uptick in employees and their families engaging in annual well visits, building relationships with primary care physicians, and scheduling routine screenings. Clorox is committed to prioritizing the health and well-being of its employees through various benefits, programs, and resources.
The Clorox Company is focusing on allyship as part of its inclusion, diversity, equity, and allyship efforts, aiming to create a more inclusive workplace and better meet the diverse needs of consumers. The company is committed to practicing allyship through various initiatives and activities.
The Clorox Company reported Q3 fiscal year 2024 results, showcasing a 5% decrease in net sales due to cyberattack disruptions but a 2% increase in organic sales. Gross margin rose to 42.2%, with diluted EPS up 76% to $0.41. The company divested its Argentina business, posted one-time charges, and expects sales to be down but gross margin to increase. Strategic highlights include progress in rebuilding market share, innovations, and sustainability accolades.
Niki King, VP and Head of Sustainability at The Clorox Company, leads the company's ESG efforts, driving strategies to achieve ambitious goals. She engages stakeholders to embed ESG practices and maintain Clorox's leadership in the ESG space. The Impact Podcast featuring Niki King highlights Clorox's commitment to sustainability.
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