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Clorox raised 2026 earnings forecast, boosted by Purell acquisition, despite revenue drop.
Clorox raised its 2026 earnings forecast to $5.95–$6.30 per share, slightly above expectations, and announced a $1.24 quarterly dividend, yielding 4.4%.
The company reported strong third-quarter earnings of $0.85 per share, exceeding estimates, despite an 18.9% revenue decline.
Clorox is acquiring GOJO, maker of Purell, for $2.25 billion in debt to boost growth in skin health and hygiene, a move seen as key to its IGNITE strategy.
Analysts remain divided, citing concerns over integration, valuation, and long-term execution, while the stock trades near its 200-day moving average with a market cap of $13.8–14 billion.
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Clorox elevó su pronóstico de ganancias para el 2026, impulsado por la adquisición de Purell, a pesar de la caída de ingresos.