The Schall Law Firm is investigating The Clorox Company for potentially issuing false or misleading statements related to its Q3 2026 financial results. Clorox reported a decrease in gross margin and lowered its full-year margin outlook, citing supply chain costs and delayed savings. Following this, Clorox shares dropped over 9.6%. Investors who suffered losses may join the class action lawsuit to seek compensation.
Last week, the Utilities Select Sector SPDR ETF (XLU), Consumer Staples Select Sector SPDR ETF (XLP), and Real Estate Select Sector SPDR ETF (XLRE) all recorded gains while the tech sector and Nasdaq-100 declined sharply. XLRE led with a 3.4% gain, d...
Clorox maintained flat sales year-over-year and slightly improved its earnings per share despite facing pressure from rising energy costs that squeezed gross margins. Using a dividend discount model with assumptions of 2% perpetual growth and a 7.7% ...
