Clorox Co (CLX)
Frequently Asked Questions About Clorox Co (CLX)
Does Clorox Co engage in mergers and acquisitions?
Clorox Co has engaged in mergers and acquisitions as part of its growth strategy to expand its product portfolio and market presence. Notable acquisitions include the purchase of Burt's Bees in 2006 and the acquisition of other niche brands that complement its existing offerings. These strategic moves enable Clorox to enter new markets and enhance its competitive positioning.
How did Clorox Co adapt during the COVID-19 pandemic?
During the COVID-19 pandemic, Clorox Co adapted by ramping up production of its cleaning and disinfecting products to meet soaring demand. The company implemented safety measures in its manufacturing facilities and adjusted its supply chain operations to ensure product availability. Clorox also launched educational campaigns to promote hygiene practices and the effective use of its products.
How does Clorox Co approach risk management?
Clorox Co employs a comprehensive risk management framework that identifies and mitigates various risks, including operational, financial, and regulatory risks. The company assesses potential risks regularly and implements strategies to minimize their impact on business operations. Risk management is integral to Clorox's overall corporate governance and is crucial for sustaining long-term growth.
How does Clorox Co engage with the community?
Clorox Co actively engages with communities through various corporate social responsibility initiatives. The company supports health and wellness programs, disaster relief efforts, and environmental sustainability projects. Clorox also encourages volunteerism among its employees, allowing them to participate in local service projects and initiatives that enhance community well-being.
How does Clorox Co manage its supply chain?
Clorox Co manages its supply chain with a focus on efficiency, sustainability, and resilience. The company collaborates with suppliers to ensure high-quality raw materials and employs strategic sourcing practices. Clorox also invests in technology to enhance visibility across its supply chain, allowing for better responsiveness to market changes and demand fluctuations.
Is Clorox Co publicly traded?
Yes, Clorox Co is publicly traded on the New York Stock Exchange under the ticker symbol 'CLX.' The company went public in 1980 and has since been listed as part of the S&P 500 Index, highlighting its prominence in the consumer product sector.
What are Clorox Co's financial performance metrics?
Clorox Co's financial performance is evaluated using several key metrics, including revenue, net income, and earnings per share (EPS). The company has consistently demonstrated strong financial health, with sales growth driven by demand for its cleaning and disinfecting products. Additionally, Clorox has a history of returning value to shareholders through dividends and share repurchases.
What are some popular products offered by Clorox Co?
Clorox Co offers a variety of widely recognized products, including Clorox Liquid Bleach, Clorox Wipes, Pine-Sol cleaners, Glad trash bags, and Burt's Bees personal care items. Their products are utilized in homes, schools, and businesses to maintain cleanliness and promote health and safety.
What does Clorox Co do?
Clorox Co is a leading multinational company that specializes in the production of consumer and professional products, primarily focused on cleaning, disinfecting, and personal care. The company is widely recognized for its bleach products and a diverse portfolio of brands, which includes names like Clorox, Pine-Sol, Glad, and Burt's Bees. Its products are commonly used in households and commercial settings to enhance cleanliness and hygiene.
What is Clorox Co's approach to sustainability?
Clorox Co is committed to sustainability and has implemented various initiatives aimed at reducing its environmental impact. The company focuses on reducing packaging waste, minimizing the carbon footprint of its operations, and using safer chemicals in its products. It has set ambitious goals to achieve a more sustainable future, such as increasing its use of renewable energy and improving water conservation.
What is Clorox Co's commitment to diversity and inclusion?
Clorox Co is dedicated to fostering diversity and inclusion within its workforce. The company has implemented initiatives to promote equal opportunities, enhance diverse representation at all levels, and create an inclusive workplace culture. Clorox works to ensure diverse perspectives are included in its decision-making processes, recognizing that this diversity strengthens the company.
What is Clorox Co's dividend policy?
Clorox Co has a longstanding history of paying dividends to its shareholders, demonstrating a commitment to returning capital. The company regularly evaluates its dividend policy based on financial performance and cash flow, aiming to maintain a stable and growing dividend rate. This policy reflects Clorox's focus on shareholder value and financial stability.
What markets does Clorox Co serve?
Clorox Co serves both consumer and professional markets. Its products are sold primarily through retail channels such as supermarkets, drugstores, and mass merchants. Moreover, Clorox also supplies institutional markets, including healthcare facilities, educational institutions, and food service establishments, ensuring a broad presence across different sectors.
What patents does Clorox Co hold?
Clorox Co holds numerous patents related to its product formulations, manufacturing processes, and packaging technologies. These patents protect its innovations in cleaning, disinfecting, and personal care products, ensuring that the company maintains a competitive edge in the market. The specific patents cover aspects such as effective active ingredients and environmentally friendly formulations.
What philanthropic efforts does Clorox Co support?
Clorox Co engages in philanthropic efforts that align with its commitment to community well-being and sustainability. The company supports initiatives focused on health, education, and environmental conservation. Through its charitable foundation and partnerships with various organizations, Clorox contributes resources and funding to positively impact the communities it serves.
What recent innovations has Clorox Co introduced?
Clorox Co continually focuses on innovation to meet consumer needs, including the introduction of new cleaning products with enhanced efficacy and convenience. Recent innovations include a range of plant-based cleaners and disinfecting wipes that utilize safer ingredients while maintaining powerful cleaning performance. Clorox also invests in sustainable packaging to reduce environmental impact.
When was Clorox Co founded?
Clorox Co was founded in 1913 in Oakland, California. Initially established as a small bleach manufacturer, the company has significantly evolved over the years, expanding its product offerings and geographic reach. It initially started with liquid bleach but has since grown into a diverse company with a wide array of cleaning and personal care products.
Where is Clorox Co headquartered?
Clorox Co is headquartered in Oakland, California. The company's corporate office serves as the central hub for its global operations, encompassing product development, marketing, and administrative functions.
Who is the current CEO of Clorox Co?
As of my last knowledge update in October 2023, the CEO of Clorox Co is Linda Rendle. She took on the role in September 2020, becoming one of the few women to lead a major publicly traded company. Under her leadership, Clorox has focused on innovation and sustainability.
What is the current price of Clorox Co?
The current price of Clorox Co is 143.86
When was Clorox Co last traded?
The last trade of Clorox Co was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Clorox Co?
The market capitalization of Clorox Co is 17.89B
How many shares of Clorox Co are outstanding?
Clorox Co has 124.37M shares outstanding.