Palm Valley Capital Management acquired a new position in The Clorox Company during the second quarter of 2026, alongside new stakes in Molson Coors Beverage Company and Vontier Corp. The firm noted that Clorox, which manufactures household and professional products under brands like Clorox bleach, Pine-Sol, and Glad, has faced a slow recovery from a 2023 cyberattack and ongoing disruptions from a large ERP implementation. In April, Clorox cut its fiscal 2026 outlook as price-sensitive consumers traded down to private-label alternatives. Palm Valley Capital views Clorox as a slow-growth consumer staples company with historically stable cash flows and acquired a small position near the lows, though shares have since bounced. The fund's investor class gained 1.80% in the second quarter, underperforming the S&P SmallCap 600's 19.7% return, partly due to a 75% allocation to cash equivalents.
The Clorox CompanyPrice-sensitive consumers trading down to private-label alternatives led Clorox to cut its fiscal 2026 outlook.
Molson Coors Brewing Co Class B
Vontier Corp