Mutual of America Capital Management LLC has decided to sell 431 shares of The Clorox Company (CLX), while financial advisor
Jim Cramer suggests that CLX may be a
good investment. In addition to this, Clorox declared a regular quarterly
dividend of $1.22 per share and updated its
outlook for Q2 of the 2025 fiscal year. The company also revealed executive changes with
CFO Kevin Jacobsen opting for retirement and
Luc Bellet stepping in as successor. Also, Cloroxβs Q2 2025 earnings highlighted strategic challenges, while the company robustly declared itself as the best consistent dividend stock to invest right now. It further raised guidance for future sales and its stock rose by 7.2% post Q2 earnings. However, the companyβs
weak earnings have ignited concerns amongst investors, with Jim Cramerβs statement, 'every single line is down' adding fuel to the fire. Despite facing pressures, the company continues to innovate through strategic partnerships like the one with M2030. Additionally, CLX has been recognized by the EPA for advancing ingredient and product safety. Addressing the stock market, the company maintains high hopes for its future earnings and continues to showcase resilience amidst challenges.
Clorox Company CLX News Analytics from Thu, 02 Mar 2023 08:00:00 GMT to Sat, 08 Mar 2025 08:33:28 GMT -
Innovation 6
- Information 8