The Clorox CompanyCLX
▼ NegativeSupplyCompetitionrelevance
Higher supply chain costs and oil-cost headwinds weighing on performance
Impact on stocks 2
Consumer Staples
The Clorox Company
Kimberly-Clark CorporationKMB
Mentioned
Clorox shares have underperformed the Dow Jones Industrial Average over multiple time frames. The stock has declined 14.8% over the past three months, while the Dow gained 9.6%. On a year-to-date basis, Clorox fell 5.8% versus the Dow's 7.1% advance, and over the past 52 weeks it dropped 22.2% compared with the Dow's 22% return. The company cited ERP rollout disruptions, higher supply chain costs, competitive pressure in Litter and Food, and $20 million to $25 million in fourth-quarter oil-cost headwinds as factors weighing on performance. Clorox reported fiscal third-quarter adjusted earnings of $1.64 per share on revenue of $1.67 billion, both exceeding consensus estimates, but shares fell 9.7% the following session after it issued full-year adjusted EPS guidance of $5.45 to $5.65. Analysts rate the stock a consensus Hold with a mean price target of $99.87, implying a potential upside of 5.2% from current levels.
The Clorox CompanyHigher supply chain costs and oil-cost headwinds weighing on performance
Kimberly-Clark Corporation