- Clorox has suffered from growth deceleration after a surge in early 2020, as more headwinds continue to impact performance.
- Many of these headwinds are industry-wide or global in nature and are expected to persist through much of fiscal 2022.
- CLX did increase its long-term targeted growth rates and expects to see strengths in margins and in digital capacity in the long-run.
- Fiscal 2022 is expected to show declining sales and EPS, but a normalization in FY23 and return to growth set the stage for solid long-term potential.
For further details see:
Clorox: More Headwinds Cloud This Potential Long-Term Winner