The Clorox Company (CLX) is a multinational manufacturer and marketer of consumer and professional products, including cleaning, disinfecting, food, and personal care brands. Headquartered in Oakland, California, Clorox operates in several countries and markets through retail, club, e-commerce, and professional channels. The company has a market capitalization of $10.54 billion, just above the “mid-cap” range, making it a “large-cap” stock.
Its shares reached a 52-week low of $82.51 on Sept. 21, but are up 5.6% from that level. As investors digest weak organic sales, margin compression, and a cautious outlook from analysts, the stock is seeing some weakness. Over the past three months, the stock has declined 3.8%. Meanwhile, the State Street Consumer Staples Select Sector SPDR ETF (XLP) is up marginally over the same period.
