The Clorox Company (0I0J.L)

So what did the long-term investors think about the Q4 earnings report? They fell a little short on the top line but met analyst's expectations on earnings. I listened to most of the earnings call and while they lowered guidance for the first half of 2023, their cost savings program should start to improve earnings in the second half of 2023. Their biggest challenge is their ability to compete with lower cost private label products, which cash strapped consumers are increasingly turning to.

While this was not a stellar Q4 report, I didn't think is was all that bad either. Management warned in the Q2 call earlier this year that it could take up to a year or more until sales and earnings got back on a growth track, so I didn't pick up any negative surprises in today's report. The 6% drop in share price in after hours trading seems like an over-reaction to a mediocre earnings report.

Would appreciate hearing the opinion of others who listened to the call.

I just sent this email to Erik Bylin, Clorox Investor Relations Consultant.

Good Afternoon Erik,
Shareholders, including myself, are becoming increasingly concerned about the delay in declaring the dividend for the 3rd quarter, which is typically paid around the middle of August. In the past, the Q3 dividend was declared before the end of May or early June at the latest, and now we’re almost in mid-July and still no announcement about the Q3 dividend. This has led to speculation that the dividend may be slashed or eliminated entirely.

Clorox management needs to come clean with regard to the status of the dividend. If a decision has already been made to cut or eliminate the dividend and management is sitting on that material information, the company could potentially be in violation of SEC regulations and applicable securities laws.

I look forward to your timely reply to my email. Thank you.

Respectfully submitted,
xxx xxxxxxxx, holder of 1,000 shares of CLX

No information around the dividend.
Approaching two months after typical announcement date and 20 days away from typical EX Date.
They have scheduled earnings announcement date. Does this mean there is no August dividend?
Do we find that out on the earnings announcement there there is no dividend?
If they have waited this long, even if it is "waiting for the numbers to come in" it can't be a good thing.