The Clorox Company (CLX) - NYSE
  • Tue, May 3, 8:32 AM
    • Clorox (NYSE:CLX) announces it purchased Renew Life for $290M plus some potential post-closing adjustments.
    • The Renew Life dietary health business generated $115M in sales last year and had a gross margin rate roughly in line with that struck up by Clorox.
    • The acquisition falls in line with Clorox's plan to pursue strategic bolt-on acquisitions.
    • Previously: Clorox beats by $0.10, beats on revenue (May 3)
    • Previously: Clorox positive after earnings beat in FQ3 (May 3)
    | Tue, May 3, 8:32 AM | 1 Comment
  • Tue, May 3, 8:18 AM
    • Clorox (NYSE:CLX) reports sales grew 5% if the impact of currency swings is backed out in FQ3.
    • Volume rose 4%, reflecting gains across all the business segments.
    • Gross margin rate improved 210 bps to 45.3% driven primarily by the benefits of favorable commodity costs, cost savings and price increases.
    • Segment revenue: Cleaning: $465M (+5%, 5% volume growth), Household: $467M (+4%, 3% volume growth), Lifestyle: $254M (+5%, 4% volume growth), International: $240M (+9%, 4% volume growth ).
    • FY2016 Guidance: Sales: 1% to +2%; EBIT margin: +50 bps; Diluted EPS: $4.85 to $4.95; Tax rate: 34% to 35%.
    • CLX +1.17% premarket.
    | Tue, May 3, 8:18 AM | 2 Comments
  • Tue, May 3, 6:35 AM
    • Clorox (NYSE:CLX): FQ3 EPS of $1.21 beats by $0.10.
    • Revenue of $1.42B (+1.4% Y/Y) beats by $10M.
    • Press Release
    | Tue, May 3, 6:35 AM
  • Mon, May 2, 5:30 PM
  • Fri, Apr. 29, 3:03 PM
    • Low volatility stocks are besting the broader averages this year, with the SPLV up 3% and the USMV up 4% vs. the 0.7% advance for the S&P 500.
    • While the consumer staples that make up much of the low vol names are expected to do well in the rocky times seen in 2016, at 21x earnings, they're getting pricey.
    • Picking through individual names though, Barclays' Jonathan Glionna has come up with a list of low volatility names which can still be deemed not expensive.
    • In consumer staples: AutoZone (NYSE:AZO), Darden (NYSE:DRI), Time Warner Cable (NYSE:TWC), Clorox (NYSE:CLX), Coca-Cola (NYSE:KO), CVS, Hormel (NYSE:HRL), J.M. Smucker (NYSE:SJM).
    • In utilities: Entergy (NYSE:ETR), PG&E (NYSE:PCG), PPL.
    | Fri, Apr. 29, 3:03 PM | 17 Comments
  • Wed, Feb. 10, 5:33 AM
    • Clorox (NYSE:CLX) declares $0.77/share quarterly dividend, in line with previous.
    • Forward yield 2.39%
    • Payable May 6; for shareholders of record April 20; ex-div April 18.
    | Wed, Feb. 10, 5:33 AM
  • Mon, Feb. 8, 2:26 PM
    • Investors are taking refuge in some weathered stocks in the consumer goods sector.
    • Procter & Gamble (PG +0.9%), Hershey (HSY +2.2%), Altria (MO +0.3%), Hormel (HRL +1.9%), Clorox (CLX +1.8%), and Post Holdings (POST +0.4%) are all making gains despite the 375-point slide in the Dow Jones Industrial Average.
    • The Consumer Staples Select ETF (NYSEARCA:XLP) is down 1%, compared to the much steeper losses in the tech and financials sectors.
    | Mon, Feb. 8, 2:26 PM | 12 Comments
  • Thu, Feb. 4, 8:00 AM
    • Clorox (NYSE:CLX) reports sales rose 3% on a currency-neutral basis in FQ2.
    • Volume was up 1% during the period.
    • Gross margin increased 210 bps to 44.6% as favorable commodity costs pitched in. The margin rate was the highest in five years for a FQ2.
    • Segment revenue: Cleaning $457M (+2%, 2% volume growth), Household $375M (+1%, flat volume growth), Lifestyle $251M (+2%, 2% volume growth), International $262M (-7%, flat volume growth).
    • The company expects flat to 1% sales growth for FY16 and EPS of $4.75-$4.90 vs. $4.68-$4.83 prior and $4.88 consensus.
    • CLX unchanged in premarket action.
    | Thu, Feb. 4, 8:00 AM
  • Thu, Feb. 4, 6:50 AM
    • Clorox (NYSE:CLX): FQ2 EPS of $1.14 beats by $0.09.
    • Revenue of $1.35B in-line (flat Y/Y).
    | Thu, Feb. 4, 6:50 AM | 3 Comments
  • Wed, Feb. 3, 5:30 PM
  • Dec. 14, 2015, 10:02 AM
    • Shares of Newell Rubbermaid (NYSE:NWL) fall 5% after the company formally announces a merger with Jarden (JAH +4%). The price tag may have been slightly higher than anticipated.
    • The merger will create a $16B consumer goods juggernaut called Newell Brands which could have broad implications across the sector.
    • Within the consumer products sector, there are marginal gains today for NACCO Industries (NC +1%), Spectrum Brands (SPB +0.6%), Stanley Black & Decker (SWK +0.4%), Clorox (CLX +0.5%), Kimberly-Clark (KMB +1.6%), and Danagher (DHR +0.2%) after the big merger announcement.
    • Previously: Newell Rubbermaid and Jarden agree to combine (Dec. 14 2015)
    | Dec. 14, 2015, 10:02 AM
  • Dec. 4, 2015, 5:44 PM
    • Top gainers, as of 5.25 p.m.: PBY +6.1%. ETE +2.7%. SPLS +3.2%. VNR +3.1%. SUNE +1.7%.
    • Top losers, as of 5.25 p.m.: CMG -7.7%. ATW -4.3%. TMO -3.1%. HZNP -1.7%. CLX -1.5%.
    | Dec. 4, 2015, 5:44 PM | 8 Comments
  • Dec. 4, 2015, 10:29 AM
    • Economists think that the combination of a stronger U.S. jobs environment and sub-$2 gas prices could improve some consumer spending habits, although not as much for traditional big box retailers, apparel chains, and electronics stores as for specialty retailers selling lower-end personal care, housing, and decor items. Though middle-income and low-income consumers continue to be thrifty with major purchases (logo apparel, gadgets), there have been signs in recent earnings reports of strength in everyday items such as shampoo, mattresses, and underwear.
    • That trend could benefit a variety of chain stores with an U.S. focus including Five Below (NASDAQ:FIVE), Ulta Salon (NASDAQ:ULTA), TJX Companies (NYSE:TJX), Dollar General (NYSE:DG), Ross Stores (NASDAQ:ROST), Kirkland's (NASDAQ:KIRK), Sally Beauty Holdings (NYSE:SBH), Michaels Companies (NASDAQ:MIK), Party City (NYSE:PRTY), and even Mattress Firm (NASDAQ:MFRM).
    • The bump in consumer staples spending could provide a lift to Procter & Gamble (NYSE:PG), Kimberly-Clark (NYSE:KMB), and Clorox (NYSE:CLX) as well for the U.S. side of their business.
    • Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC
    | Dec. 4, 2015, 10:29 AM | 5 Comments
  • Nov. 17, 2015, 11:19 PM
    • Clorox (NYSE:CLX) declares $0.77/share quarterly dividend, in line with previous.
    • Forward yield 2.53%
    • Payable Feb. 12; for shareholders of record Jan. 27; ex-div Jan. 25.
    | Nov. 17, 2015, 11:19 PM
  • Nov. 2, 2015, 6:57 AM
    • Clorox (NYSE:CLX) reports sales rose 6% if the impact of currency swings is backed out in FQ1.
    • The company's sales growth reflects increase across all U.S. businesses, driven by strong volume growth of 3% and the benefit of price increases.
    • Gross margin rate improved 220 bps to 45% primarily due to benefits of cost savings and higher sales.
    • Segment revenue: Cleaning: $465M (+6%, 5% volume growth), Household: $580M (+5%, 1% volume growth), Lifestyle: $245M (+7%, 8% volume growth), International: $267M (-8%, flat volume growth ).
    • FY2016 Guidance: Sales: flat to +1%; EBIT margin: +25 bps to +50 bps; Diluted EPS: $4.68 to $4.83; Tax rate: 34% to 35%.
    | Nov. 2, 2015, 6:57 AM
  • Nov. 2, 2015, 6:34 AM
    • Clorox (NYSE:CLX): FQ1 EPS of $1.32 beats by $0.14.
    • Revenue of $1.39B (+3.0% Y/Y) beats by $10M.
    | Nov. 2, 2015, 6:34 AM
Company Description
The Clorox Co. manufactures and markets consumer and institutional products. The company operates through four reportable business segments: Cleaning, Lifestyle, Household and International. The Cleaning segment consists of laundry, home care and professional products marketed and sold in the... More
Industry: Housewares & Accessories
Country: United States