| Title: | Summary: Clorox Co. |
| Price: | $175.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Summary |
| Abstract: | The ratings on Oakland, Calif.-based Clorox Co. reflect the company's strong business profile based on its broad portfolio of household products. This strength is partially offset by Clorox's lack of geographic diversity, and its pressured operating margins in recent years due to continued commodity cost increases. Pressures from rising commodity cost, particularly resin and agricultural commodities, have challenged operating performance. Clorox's sales increased 6.2% in the 12 months ended March 31, 2008, through new product introductions and extensions. However, commodity cost increases resulted in lease-adjusted operating margins declining to 23.1% for the 12 months ended March 31, 2008, from 23.7% for the comparable period in 2007. Clorox continues to focus on cost savings and price increases to help offset the |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Clorox Co. Publication date: ##-May-#### Primary Credit Analyst: Patrick Jeffrey, CFA, New York (#) ###-###-####; pat_jeffrey@standardandpoors.com Credit Rating: ###+/Negative/### Rationale... |
| Word Count: | 850 |
| Ticker: | CLX |
| Issuer: | Clorox Co. |
| GICS: | Household Products (30301010) |
| Sector: | Global Issuers, Corporations, Consumer Products |
| Country: | United States |
| Region: | United States |
| Format: | 
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