Coronavirus-driven hygiene needs escalated demand for everything from disinfectants to water filters.
The coronavirus has brought about the return of the Puritan spirit.
Supply for most products, like liquid bleach, will improve dramatically over the next four to six months - but not wipes, said CEO Benno Dorer.
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With a history dating back more than 100 years, Clorox now sells a variety of consumer staples products, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, SOS, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
Website: | www.thecloroxcompany.com |
Email: | investorrelations@clorox.com |
Main Phone: | +1 510 271-7000 |
Address: | 1221 Broadway |
State: | CA |
City / Town: | Oakland |
Country: | US |
Postal Code: | 94612-1888 |
Exchange: | NYE |
CEO: | Linda J. Rendle |
Employees: | 8800 |
NAICS: | Drycleaning and Laundry Services (except Coin-Operated)(812320) |
Coronavirus-driven hygiene needs escalated demand for everything from disinfectants to water filters.
The coronavirus has brought about the return of the Puritan spirit.
Supply for most products, like liquid bleach, will improve dramatically over the next four to six months - but not wipes, said CEO Benno Dorer.
Dow Jones Industrials rose 0.9%, and the Nasdaq composite gained 0.6%. During the morning, the S&P 500 touched its highest level since Feb. 25, and it ended the day at 3,226.56, up 0.9%
Large cap tech and healthcare dragged major indices lower, but gainers outnumbered losers by nearly two to one with the Russell 2000 gaining 1.3%.
On one side we have the designated survivors: cash rich, high quality or essential service companies and on the other side, everything else.
While Wall Street’s broader indexes fell sharply on Monday, investors turned to some consumer companies as they bet on stock-piling of household goods.
The best performing stock was up 5%. Overall, 18 out of the 30 Dividend Growth Stocks outperformed the S&P last month, and 18 had positive returns.
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