Published on 24 May 2024 on Simply Wall St. via Yahoo Finance

Market is not liking Clorox's (NYSE:CLX) earnings decline as stock retreats 4.1% this week

Many investors define successful investing as beating the market average over the long term. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term The Clorox Company (NYSE:CLX) shareholders, since the share price is down 26% in the last three years, falling well short of the market return of around 19%. The falls have accelerated recently, with the share price down 14% in the last three months. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report.

Since Clorox has shed US$705m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.