Clorox Co
CLX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|cp | LOCK|%% | LOCK|$Zz@%Sx? |
Clorox Earnings: Sales and Profits Stand to Rally on Long-Term Investment Focus; Shares a Bargain
Clorox's fourth-quarter organic sales slumped 13% as it lapped the retail inventory buildup ahead of its ERP rollout a year ago. The adjusted gross margin compressed 370 basis points to 42.8% as volume deleverage and inflation outpaced cost savings.
