Clorox: The Fundamentals Are Deteriorating - The Dividends Won't Save You (NYSE:CLX)
· seekingalpha.com
Clorox (CLX) is downgraded to sell as sales slide, debt nears $4B, and free cash flow can’t cover the 6% dividend.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions...