Clorox (CLX) Added to JPM Negative Catalyst Watch

Clorox (NYSE: CLX) Added to JPM Negative Catalyst Watch.

The analyst comments "Placing Clorox (N-rated) on Negative Catalyst Watch. We see the most downside to consensus expectations among the names in this report for Clorox as tracked channel trends worsened, and as such the company will likely deliver at the bottom of its top line range (down -19% ex VMS) leading to significant EPS develerage. We now expect $0.60 for EPS for FQ1 compared to $0.90 for consensus, and would not be surprised if management talks down the FY26 outlook. We are reiterating our Neutral rating on the stock as we believe these are near-term hiccups, and while we remain on the sidelines in the near term, we expect the company to benefit from the recent IT overhaul, better productivity as well as multi-year innovation platforms."

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