Clorox: Improving Outlook, Good Dividend Yield And Discounted Valuation
Clorox(CLX) Seeking Alpha·2024-06-29 03:38
Anna Puzatykh/iStock via Getty ImagesInvestment Thesis The Clorox Company (NYSE:CLX) should deliver good revenue and margin growth in the coming years. A cyberattack in Q1 FY24 disrupted the company’s operations and distributions over the last three quarters. However, the company has done a good job in terms of regaining ~90% of its lost market share and also expects to fully recover the distribution losses in Q4 FY24. With distractions from these short-term issues largely behind, the company should be ...