This Could Be a Warning for Clorox Investors

(NYSE: CLX) is best known for its namesake bleach, which is really just a commodity item. But its product and brand portfolio is surprisingly diverse.

That said, not all the businesses it owns are created equal, and that fact was clearly visible in its fiscal 2023 third-quarter results, thanks to a massive one-time item.

Here's what shareholders and potential investors need to be thinking about.

Continue reading


Source Fool.com