Clorox Company (CLX) has been making strategic moves recently, which includes the introduction of plant-based Clorox EcoClean Disinfecting Wipes by its sub-brand CloroxPro. Multiple earnings calls and financial results have been reported, confirming the company's strong standing. Its Q4 FY24 results outperformed estimates with a significant gross margin expansion. Q1 2025 EPS estimates were revised by analysts, following overall impressive financial performance. Clorox has also shown robust growth stocks, making it a favorite for institutional investors. Notably, institutional shareholders control approximately 81% of the company's makeup. CreativeOne Wealth LLC made a significant investment in the company. The company recently increased its quarterly dividend to $1.22 per share, which signals strong financial health and growth strategy. Clorox has excelled on the environmental, social, and governance (ESG) front as well, being declared Barron's Most Sustainable U.S. Company for the second consecutive year. Pricing and cost-saving plans are on track, yet the company’s share price has faced some underperformance in the market, hinting at cautious investor sentiment surrounding the company's long-term prospects.
Clorox Company CLX News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Fri, 09 Aug 2024 05:18:00 GMT - Rating 3 - Innovation 7 - Information 8 - Rumor 0
