The Latest Breaking News from Clorox

As the pain of a global recession is already being felt and markets have been volatile, investors are searching for companies that can withstand the macroeconomic headwinds.

The Clorox Company CLX is likely to register top-line growth when it reports fourth-quarter fiscal 2022 earnings on Aug 3. The Zacks Consensus Estimate for quarterly revenues is pegged at $1,856 million, suggesting a rise of around 3% from the prior-year quarter's reported figure.

Bank of America lists stocks that are hurt by rising oil prices. Oil has soared in recent months amid the war in Ukraine.

The stock market has been facing immense volatility lately due to multi-decade high inflation. However, amid high inflationary pressures, consumer defensive stocks tend to remain resilient because of these companies' inelastic demand for products. Consumer defensive stocks The Clorox Company (CLX) and Newell Brands (NWL) look well-positioned to survive the…

Ten stocks make up the list of companies likely to benefit from recent gains in the greenback.

Analysts have provided the following ratings for Clorox (NYSE:CLX) within the last quarter:

Inflation is raging, with consumer prices soaring 8.3% in the 12 months through April.

Clorox's (NYSE:CLX) short percent of float has risen 19.39% since its last report. The company recently reported that it has 5.74 million shares sold short, which is 4.68% of all regular shares that are available for trading.

According to Benzinga Pro, during Q3, Clorox (NYSE:CLX) earned $152.00 million, a 111.11% increase from the preceding quarter. Clorox also posted a total of $1.81 billion in sales, a 6.98% increase since Q2.