Uncovering the Factors Behind Clorox's Decline and Potential for Long-Term Growth
Wednesday, 20 March 2024, 13:53
Clorox gets hit and then hit again
During the early days of the pandemic, Clorox's cleaning products saw high demand, but challenges like supply chain disruptions led to declining margins.
A few positives about Clorox
- Dividend yield: More than 3.2% and an annual growth rate of 6%
- Gross margin trend: Improving and above 2022 lows
- Innovations: Multiple-year growth from new product launches
Clorox presents a unique opportunity for investors looking for stable income and capital appreciation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.