Clorox Stock Gains 3.8% in a Week on Solid Q1 Results: Buy or Avoid?
Clorox(CLX) ZACKS·2024-11-07 03:30
The Clorox Company’s (CLX) shares have risen 3.8% in the past week following its robust first-quarter results and raised earnings per share (EPS) view for fiscal 2025. Also, the company has made a successful recovery from the cyberattack-related headwinds in the prior year. The company delivered its eighth consecutive quarter of gross-margin expansion, with the metric increasing 740 basis points (bps) in the most recent quarter. Growth was driven by substantial cost savings and a comprehensive margin manage ...