Clorox (CLX) Benefits From Strategic and Pricing Efforts [Yahoo! Finance]
Clorox Company (The) (CLX)
Last clorox company (the) earnings: 5/1 06:30 am
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US:NYSE Investor Relations:
investors.thecloroxcompany.com/investors/default.aspx
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Source: Yahoo! Finance
Significant gains from pricing actions and cost-saving initiatives have been aiding the company's margins for a while. Also, results are benefiting from a solid innovation pipeline and digital transformation. CLX has been on track with its streamlined operating model, which aims to improve efficiency. Let's Delve Deeper Clorox's robust pricing and cost-saving initiatives, which offset the elevated manufacturing and logistic costs, bode well. This led to a gross margin expansion of 730 basis points (bps) year over year during the second quarter of fiscal 2024. It marked the fifth consecutive quarter of gross margin expansion on the back of pricing and cost savings, somewhat offset by adverse foreign currency fluctuations. For fiscal 2024, the gross margin is projected to expand 200 bps year over year. Clorox is on track with the IGNITE strategy, its integrated strategy, formulated on a sturdy foundation of its 2020 Strategy. This initiative mainly focuses on the expansion of the
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CLX
News
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- Clorox to Present at Goldman Sachs Global Staples ForumPR Newswire
- Shop this Burt's Bees Earth Week sale for 15% off sitewide [USA TODAY]USA TODAY
CLX
Earnings
- 2/1/24 - Beat
CLX
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- CLX's page on the SEC website