JPMorgan downgraded Clorox stock from Neutral to Underweight and lowered its price target from $117 to $99 ahead of the Q3 fiscal earnings report. The downgrade reflects concerns over below-trend category growth due to a stretched low-income U.S. consumer and fierce private label competition, especially in trash bags and surface cleaning products. Rising costs for diesel and resin also pressure margins. With consumer sentiment low and sales guidance pointing to a decline, JPMorgan warns that Clorox faces a challenging environment that may delay earnings recovery.
The Clorox Company announced it will report its fourth-quarter and full fiscal year 2026 financial results on August 3, 2026. The company will publish a press release and management remarks at 1:15 p.m. PT, followed by a live Q&A webcast with CEO Lin...
Dick's Sporting Goods reported mixed first-quarter results with earnings of $2.90 per share, slightly missing estimates, but sales of $5.165 billion beat expectations. Clorox named Chris Hyder as COO and offers a 5% dividend yield. Nebius Group is ex...
