|Bid||237.44 x 900|
|Ask||237.41 x 800|
|Day's Range||235.61 - 238.23|
|52 Week Range||144.12 - 239.87|
|Beta (5Y Monthly)||0.26|
|PE Ratio (TTM)||32.27|
|Earnings Date||Oct. 29, 2020 - Nov. 02, 2020|
|Forward Dividend & Yield||4.44 (1.88%)|
|Ex-Dividend Date||Jul. 28, 2020|
|1y Target Est||221.46|
It would be easy to assume this is an "as good as it gets" moment for Clorox (NYSE: CLX). In addition, CEO Benno Dorer is stepping down. Veteran exec Linda Rendle is qualified enough, but any new chief faces a learning curve.
Clorox (NYSE: CLX) says its disinfecting wipes will remain in short supply until next year, as the bleach maker has been unable to keep up with the overwhelming demand for them amid the coronavirus pandemic. In an interview with Reuters following Clorox's fiscal fourth-quarter earnings call, CEO Benno Dorer called disinfecting wipes "the hottest commodity in the business right now." Cleaning products account for more than 40% of Clorox's revenue, and fourth-quarter segment sales surged 33% from last year.
Yahoo Finance speaks with Clorox chairman and CEO Benno Dorer about future demand for cleaning products in the age of COVID-19 and his decision to pass the CEO reigns come September.