Headquartered in Oakland, California, The Clorox Company (CLX) ) is a leading manufacturer and marketer of consumer and professional products. Valued at $18.8 billion by market cap, its core offerings include household cleaning and bleach products, charcoal, cat litter, dressings and sauces, natural personal care items, and trash bags.
Shares of CLX have underperformed the broader market considerably over the past year. CLX has surged 21.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 30.4%. In 2024 alone, CLX’s stock rose 17.6%, compared to the SPX’s 23.1% rise on a YTD basis.
