Clorox (NYSE: CLX) is in the middle of a streak of several quarters of surging sales. Demand for its cleaning products skyrocketed at the start of the pandemic when companies and households prioritized disinfecting surfaces.
Now, as its key market (the U.S.) is turning the tide against the coronavirus with millions being vaccinated daily, that surge in demand is potentially threatened. Still, there is no end in sight to the pandemic, and even though the number of people testing positive for COVID-19 is decreasing, thousands are still getting sick daily.
Given that backdrop, here is the one key metric you should know when Clorox reports fiscal 2021 third-quarter earnings on Friday, April 30.
For further details see:
Clorox Earnings: 1 Key Metric You Should Know