The Clorox Company (CLX) has demonstrated robust financial performance through Q2-Q4 2024, beating Wall Street's estimates and expanding its gross margin. Despite heightened competition which led to missed sales estimates, Clorox maintained a solid position thanks to its strategic pricing and cost-saving plan. Several institutional investors like DekaBank Deutsche Girozentrale and Comerica Bank increased their Clorox holdings. CLX's dividend per share was raised to $1.22, offering more returns to the company's stockholders. The year was not without challenges, but the company faced them by advancing its IGNITE Strategy to drive portfolio evolution. The quarterly dividends and earnings call transcripts were instrumental for investors in assessing Clorox's performance. Deutsche Bank Aktiengesellschaft revised Clorox's price target to $151, signaling confidence in the company's growth trajectory. Clorox sold its operations in Argentina, Uruguay, and Paraguay as part of its strategic decisions.
Clorox Company CLX News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Sun, 04 Aug 2024 17:10:47 GMT - Rating 4 - Innovation -3 - Information 8 - Rumor -6
