Reported 2 days ago
Clorox is experiencing stock pressures despite overall strong performance in the consumer staples sector. With challenges from tariffs and a recent earnings miss, the company’s stock has dropped 19% year-to-date, approaching a 52-week low. However, Clorox shows potential for recovery with improved gross margins and a respected dividend yield of 3.7%. Investors seeking passive income may find this an opportune time to consider Clorox, as it positions itself for future growth while navigating current economic uncertainties.
Source: YAHOO