$CLX (The Clorox Company)

$CLX {{ '2016-05-27T13:47:25+0000' | timeago}} • SEC

$CLX's capital expenditures for 9 months ended March 31, 2016 grew to $113MM from $83MM last year. Capital spending as a percentage of net sales rose to 3% from 2% in the previous year period. The increase in the current nine-month period was due to additional capital spending for manufacturing efficiencies.

$CLX {{ '2017-09-13T13:01:19+0000' | timeago}} • Announcement

$CLX said its BoD declared a quarterly dividend of 84 cents per share on the company's common stock. The dividend is payable on Nov. 13, 2017, to stockholders of record on Oct. 25, 2017.

$CLX {{ '2017-08-22T13:27:20+0000' | timeago}} • Announcement

$CLX sold its Aplicare skin antisepsis business to Medline Industries.The company closed the transaction on Aug.21.

$SJM {{ '2017-06-30T12:55:23+0000' | timeago}} • Announcement

Branded food company $SJM has nominated Dawn C Willoughby and Kirk L Perry to its BoD. Willoughby currently serves as EVP and COO of $CLX. Earlier, Willoughby held various positions in sales management at Procter & Gamble Company. Perry is the President of $GOOGL's Brand Solutions. Prior to joining Google, he had worked in Procter & Gamble Company.

$CLX {{ '2017-05-09T11:58:15+0000' | timeago}} • Announcement

$CLX BoD increased the quarterly cash dividend on the company's common stock by 5%, from $0.80 to $0.84 per share. The dividend will be payable on Aug. 4, 2017, to stockholders of record as of the close of business on July 19, 2017.

$CLX {{ '2017-05-03T18:55:58+0000' | timeago}} • Webcast

$CLX said that on charcoal, sales was down in 3Q17 after double digit growth in 2Q17. This was due to the slower start to the grilling season which was weather related. However, $CLX feels positive about the partnership it has with retailers on the marketing and merchandising side on the charcoal business.

$CLX {{ '2017-05-03T18:36:20+0000' | timeago}} • Webcast

$CLX believes it has plans in place to expand GM over the long term. On cost savings also the company has a healthy pipeline and is targeting to get 150 BPs of margin expansion. On pricing in the long term, $CLX will be taking pricing if it needs to considering its strength in the US business.

$CLX {{ '2017-05-03T12:39:28+0000' | timeago}} • Announcement

As $CLX posted 3Q17 results, CFO Steve Robb said, "our third quarter results reflect strong advertising and trade promotion investments to support our brands, including product innovation, which we anticipate will contribute to our fourth quarter volume and sales results." CLX now sees FY17 diluted EPS of $5.25-5.35, with a sales growth of 3-4%.

$CLX {{ '2017-05-03T12:23:16+0000' | timeago}} • Announcement

$CLX's total company sales grew to $1.48Bil in 3Q17, benefitted by price increases in its International business, primarily in Argentina. Clorox's net earnings went up 6.2% to $172MM or $1.31 per diluted share, from $162MM or $1.23 per share a year ago.

$VFC {{ '2017-02-15T13:19:30+0000' | timeago}} • Announcement

$VFC's BoD elected Carol Roberts and Benno Dorer as directors, effective Feb. 14, 2017. Roberts currently serves as SVP and CFO of $IP and she will retire from that position at the end of March. Dorer has been CEO of $CLX since November 2014 and was also named Chairman of the Board in August 2016.

$CLX {{ '2017-02-08T14:49:02+0000' | timeago}} • Announcement

$CLX BoD declared a quarterly dividend of $0.80 per share on the company's common stock, payable May 5, 2017, to stockholders of record on April 19, 2017.

$CLX {{ '2017-02-03T20:00:59+0000' | timeago}} • Webcast

$CLX said 2Q17 was the start of a turnaround in the International business, and it is optimistic that this trend will continue and will see profit growth in the rest of the fiscal year.

$CLX {{ '2017-02-03T19:36:02+0000' | timeago}} • Webcast

On RenewLife acquisition, $CLX said the integration is well on track and RenewLife is ahead of expectations for FY17, not just for EPS but also in terms of shares and margins. The company said that it is getting distribution wins with major retailers and it is expected to continue.

$CLX {{ '2017-02-03T19:06:50+0000' | timeago}} • Webcast

In 2Q17, $CLX saw margin improvement in its International business, helped by the ongoing productivity initiatives. The company said U.S. retail advertising spending for the quarter came in at about 10% of sales, reflecting continued support behind its brands.

$CLX {{ '2017-02-03T12:42:19+0000' | timeago}} • Announcement

$CLX continues to anticipate EBIT margin expansion for FY17 in the range of 25-50 basis points. This reflects lower selling and administrative expenses as a percentage of sales driven by ongoing productivity initiatives and normalized levels of performance-based incentive compensation costs.

$CLX {{ '2017-02-03T12:41:38+0000' | timeago}} • Announcement

$CLX narrowed its FY17 EPS from continuing operations guidance to $5.23-5.38 from $5.23-5.43. This reflects a 5-cent reduction in anticipated benefit from adopting Accounting Standards Update (ASU) 2016-09, issued by the Financial Accounting Standards Board, related to the accounting of employee share-based payments.

$CLX {{ '2017-02-03T12:40:19+0000' | timeago}} • Announcement

$CLX now expects FY17 sales growth of 3-4% versus its prior estimate of 2-4%. The sales outlook reflects strong sales results in 1H17, robust innovation plans in 2H17 and about 2 percentage points of benefit from the RenewLife acquisition. $CLX anticipates these factors to be partially offset by 1-2% of unfavorable foreign currency exchange rates.

$CLX {{ '2017-02-03T12:38:16+0000' | timeago}} • Announcement

$CLX's gross margin for 2Q17 increased 10 basis points to 44.7% from 44.6% in the previous year quarter. This increase was driven by the benefits of cost savings and international price increases, partially offset by higher manufacturing and logistics costs.

$CLX {{ '2017-02-03T12:36:15+0000' | timeago}} • Announcement

$CLX reported a flat 2Q17 earnings driven by 5% growth in sales and a 8% volume growth. Net income remained flat at $149MM, while EPS rose to $1.14 from $1.13 on lower weighted average shares outstanding. Net sales grew to $1.41Bil from $1.35Bil, on strong volume growth and the benefit of prices rises in International business.

$CLX {{ '2017-01-30T11:44:02+0000' | timeago}} • Announcement

$CLX elected Russell Weiner, president of Domino's USA, to its BoD, effective Feb. 6. Weiner oversaw a transformation at Domino's to a digital-led company through innovation in the consumer experience.

$CLX {{ '2016-11-16T12:05:42+0000' | timeago}} • Announcement

$CLX's BoD declared a quarterly dividend of 80 cents per share on its common stock. The dividend is payable on Feb. 17, 2017 to stockholders of record on Jan. 25, 2017.

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