The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

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slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 03 sie 2021 15:19

Clorox (NYSE:CLX) stock fell 10% after the consumer goods company disappointed with its full-year sales forecast, as demand for its cleaning products eased from pandemic highs.
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slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 01 lis 2021 21:29

CLX Earnings
Latest Release
Nov 01, 2021

EPS / Forecast
1.21 / 1.03

Revenue / Forecast
1.81B / 1.7B
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 18 paź 2022 00:43

Morgan Stanley upgraded Clorox (NYSE:CLX) to Equalweight from Underweight with a price target of $130.00. Shares were up more than 2% intra-day.
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slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 03 maja 2023 13:09

Latest Release
May 02, 2023

EPS / Forecast
1.51 / 1.22

Revenue / Forecast
1.92B / 1.82B

Clorox (NYSE:CLX) reported its Q3 results, with EPS of $1.51 coming in better than the consensus estimate of $1.22. Revenue grew 6% year-over-year to $1.92 billion, beating the consensus estimate of $1.82B, driven largely by a favorable price mix, partially offset by lower volume.

"Our strong results this quarter reflect solid execution against our priorities to rebuild margin and drive top-line growth amid a challenging operating environment. We continue to take a broad set of actions to address persistent cost inflation, including pricing and cost savings efforts,” said CEO Linda Rendle.

The company raised its full 2023-year sales and profit guidance as increased prices of its products are expected to overcome the decrease in demand.

2023 EPS is seen at $4.35-$4.50, better than the consensus of $4.30. Net sales growth is expected in the range of 1%-2%, compared to its prior (4%)-(2%) guidance range.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 15 maja 2023 01:14

This Dividend Growth Stock is Down 30% and is a Buy Right Now

Clorox (CLX) owns a broad collection of iconic brands, but its namesake product is highly correlated with cleaning. The stock took off in 2020 as the coronavirus spread across the globe and disinfecting surfaces to stop the spread became a priority. Eventually, though, pandemic concerns eased.

Today Clorox stock is trading down roughly 30% from the high-water mark achieved in 2020. Here’s what went wrong and why investors should still like the shares.

Ups and downs for Clorox
Demand for cleaning products spiked in the early days of the pandemic as people started to clean just about everything in an attempt to avoid the illness. There was so much buying that Clorox couldn’t keep up, so it hired contract manufacturers to produce its products for it. That kept retailers’ shelves filled, but it came at a high cost. Investors only looked at the demand side of the equation in a time of market turmoil and sent Clorox’s shares sharply higher.

Then inflation started to rise, and demand for cleaning supplies started to drop. The end result was massive margin compression. For example, gross profit margin had long hovered in the mid-40% range but fell down to the mid-30% range. Investors, perhaps understandably, dumped the stock.

Management was confident that it could get margins back on track. The game plan was pretty simple and followed the plan used by just about every consumer staples company: Cut costs and raise prices. There were some easy fixes, like getting rid of high-cost contract production, but management admitted that getting back to the historical margin range was likely to be a multiyear effort.

Clorox’s efforts are going quite well, thanks
The company is now many quarters into the process, and it appears to be executing at a high level. For example, in the fiscal third quarter of 2023 (ended March 31), organic sales rose a solid 8%, led by price increases. Gross margin improved 590 basis points year over year to 41.8%. And adjusted earnings, which leaves out items the company believes are one-time in nature, rose 15% compared to the same stanza of fiscal 2022. All in, it was a solid quarter.

That said, there are some caveats. For example, price increases were quite large in some business lines leading to very material volume declines. Management said that the volume declines were in line with expectations, but other consumer products companies are doing a better job at balancing price increases and volume declines. At some point, Clorox will need to address the volume issue when the price increases run their course.

However, given the company’s long-term success and the fact that it is executing on its current plan to improve margins, it seems like a good idea to give it the benefit of the doubt here. It’s worth noting that Clorox has increased its dividend annually for over four and half decades. That’s a record that requires both commitment and execution to achieve.

Over the past decade, meanwhile, the average annual dividend increase was 6.5%. In today’s high-inflation environment, that may not sound like much, but this is a boring consumer staples stock, and that figure is pretty solid. That said, the average has been brought down by slower dividend growth during the recent lean years, as you would expect. To put a number on that, the last increase, made in mid-2022, amounted to just 1.7%. The increase in 2019, before the pandemic upended the world, was 10.4%.

While it may take some time, Clorox is clearly making progress in getting back toward 2019 performance levels. And that would likely mean a return to more robust dividend growth rates. The stock’s 2.8% dividend yield, meanwhile, is still toward the high side of the historical yield range, suggesting the shares remain relatively cheap.

Not an overnight success
To be fair, Clorox still has a lot of work ahead of it as it attempts to return to pre-COVID levels of business performance. But it has, so far, executed fairly well on its recovery plan. That’s a very good sign for the future. In fact, during the earnings conference call, two analysts pressed the company on its earnings potential. Analyst earnings models suggest huge earnings upside in the future, and they wanted to make sure they weren’t missing something. Management didn’t really try to temper the analysts’ positive outlooks.

— Reuben Gregg Brewer

https://dailytradealert.com/2023/05/12/ ... right-now/
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 31 lip 2023 17:18

Dividend Aristocrat #Clorox hikes dividend by 1.7 percent. $CLX
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 03 sie 2023 18:05

02.08.23

Clorox (NYSE:CLX) 8% HIGHER; reported Q4 EPS of $1.67, $0.51 better than the analyst estimate of $1.16. Revenue for the quarter came in at $2B versus the consensus estimate of $1.88B. Clorox sees FY2024 EPS of $5.60-$5.90, versus the consensus of $5.63. Net sales are expected to be flat to up 2% compared to the prior year. Organic sales are expected to be up 2% to up 4%

Clorox (NYSE:CLX) shares jumped more than 6% after-hours following the company’s reported Q4 results, with EPS of $1.67 coming in better than the consensus estimate of $1.16.

Revenue grew 12% year-over-year to $2 billion, beating the consensus estimate of $1.88B, driven largely by favorable price mix, partially offset by lower volume and unfavorable foreign exchange rates. Organic sales grew 14% year-over-year.

"Over the course of the year, we've been relentlessly focused on driving top-line growth while rebuilding margins in the midst of a challenging operating environment as we continue to advance our long-term strategy to invest in our advantaged portfolio of superior brands, advance our digital transformation, and streamline our operating model,” said CEO Linda Rendle.

For the full 2024 year, the company expects EPS in the range of $5.60-$5.90, compared to the consensus estimate of $5.63. Revenue is expected to grow 0-2% year-over-year. Organic sales are expected to grow in the range of 2-4%.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: The Clorox Company NYSE: CLX produkty dla domu, do higieny osobistej, chemia domowa

Postautor: slayer74 » 18 wrz 2023 23:27

Clorox Co (NYSE:CLX) fell 2% after the company said the cybersecurity attack last month -- which damaged portions of its IT infrastructure and caused widespread disruption of operations -- was expected to have a material impact on its fiscal first quarter results.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!


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