Clorox Co is a consumer goods company that specializes in the production of cleaning and sanitizing products, as well as other household essentials
The company is well-known for its range of bleach products, disinfecting wipes, and various cleaning solutions designed for both home and professional use. Clorox also offers a portfolio of personal care products and food storage solutions, focusing on enhancing health and cleanliness for consumers. Their commitment to sustainability and responsible production practices is reflected in various initiatives aimed at reducing environmental impact while delivering effective and trusted products to households and businesses around the world.
Shares of consumer products giant Clorox (NYSECLX)
fell 7% in the afternoon session after the company reported underwhelming fourth quarter results, with revenue down 15%, reflecting inventory normalization and the sale of the Better Health Vitamins, Minerals & Supplements (VMS) and Argentina businesses. This marks a sharp reversal from the 16% growth a year ago. The previous year's numbers got a temporary lift when Clorox restocked stores after the August 2023 cyberattack. That boost didn't repeat, making sales look weaker this quarter. Also, organic sales fell 9%, showing that core operations are struggling.
Looking ahead, the company expects full-year sales to stay the same, aside from a 1-2% boost from extra shipments tied to the Enterprise Resource Planning (ERP) switch, which isn't expected to recur.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the market action on Tuesday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Stock futures declined as China imposed retaliatory tariffs and investigated Google for antitrust violations. Palantir soared 19% after strong earnings, while Tesla and Clorox faced declines.
The US market is yet to commence its session on Tuesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Monday’s trading session resulted in slight negative closes across major indexes, but there’s good news here: whereas the Dow finished the trading day -122 points, it was -400 a half hour before this morning’s open.
Consumer products giant Clorox (NYSECLX) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 15.3% year on year to $1.69 billion. Its non-GAAP profit of $1.55 per share was 10.7% above analysts’ consensus estimates.
Wall Street bounced back after President Donald Trump and Mexican President Claudia Sheinbaum agreed to a one-month suspension of tariffs following Mexico's pledge to bolster its military presence at the northern borde
Proctor & Gamble is a manufacturer of brand name grooming, baby, personal , cleaning and hygiene products that's sending consumers are spending again for brands
U.S. stock futures dropped sharply on Monday after U.S. President Donald Trump imposed tariffs on three of its major trade partners, Canada, China, and Mexico.
