The steps for making the solution are super simple: A bucket or container large enough for your pumpkin to fit inside (if you don't have something around the house, try these from Amazon or Walmart).The sodium hypochlorite kills microorganisms that make pumpkins rot and dries out the pumpkin. Subscribe now to stay ahead with the most trusted business news source.These jack-o'-lanterns definitely deserve to be preserved! Image by Shawn Campbell/ Flickr Method 1: Soak It in a Bleach Solution (The Winner!)Ī dunk in bleach is an easy and effective way to keep your carved pumpkins from molding for up to seven days. She previously wrote an M&A column for Bloomberg News.įor more articles like this, please visit us at /opinion Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. To contact the author of this story: Tara Lachapelle at contact the editor responsible for this story: Beth Williams at column does not necessarily reflect the opinion of Bloomberg LP and its owners. Clorox may play its own crucial role in combating the disease, but its stock is already overheated. With this week’s coronavirus-induced market sell-off, investors are desperate to grab on to shares of the few companies that could stand to benefit from the outbreak. (Clorox also owns, somewhat randomly, Hidden Valley salad dressings and Burt’s Bees lip care.) When your main products are things like liquid pipe de-cloggers and grease removers, it’s hard to do much in the way of innovation. In normal times, when the entire planet isn’t raiding supermarket shelves for bleach disinfectant, Clorox’s growth has to come from demand that it creates by developing new versions of its products. The company also said that retailers have been devoting more space to alternative grilling fuels, an area that it’s beginning to move into as sales of its Kingsford charcoal decline Clorox even renamed that division “grilling” to reflect the shift. (Nine have a neutral rating, and only two recommend investors buy the shares.) Clorox had mistakenly raised the prices of its Glad trash bags last year to offset resin costs, but its competitors didn’t follow suit and so it lost market share and had to turn to promotions.
Six analysts kept their “sell” ratings on the stock after Clorox’s latest earnings report earlier this month, which showed that two of the company’s other product lines - bags and charcoal - continued to prove troublesome. are sill cheaper than Clorox on that metric. Price-to-earnings ratios for all the consumer-products giants are elevated, but Colgate-Palmolive Inc., Kimberly-Clark Corp. The only problem is that Clorox’s stock is already quite expensive, and it’s not like the sales boost from the coronavirus will be permanent.Ĭlorox trades at 26 times forward earnings, which is 13% higher than its average valuation over the past five years, according to data compiled by Bloomberg. The market clearly sees Clorox as a hot commodity. Wet wipes aside, it’s a pretty dry business. Sales of Clorox’s cleaning products have held steady at $460 million to $570 million every quarter for the last four years, averaging $508 million over that span. It’s hardly a fast-growing business, nor is it typical to see large fluctuations in demand, except for in the September quarter at the start of the regular flu season.
#CLOROX BLEACH PROFESSIONAL#
Until they do, bleach, it seems, may be one of our best hopes.Ĭlorox generates a third of its revenue from cleaning products for household and professional use, and 85% of its sales occur in the U.S. The two drugmakers are working to develop treatments to combat the illness.
market benchmark: Regeneron Pharmaceuticals Inc. In fact, Clorox’s gains have topped all but two other members of the U.S. Shares of Clorox Co., which is best known for its bleach and disinfectant products, climbed 2.5% to an all-time high this week - and that’s as most of the S&P 500 index fell. The chlorine-based liquid cleaner is getting a rare opportunity to shine, and unfortunately it’s due to the coronavirus scare.
While it probably doesn’t hurt to load up on disinfectants amid the outbreak of a potentially deadly virus, using the same logic to buy shares of the company may not be so prudent. (Bloomberg Opinion) - Clorox bleach kills 99.9% of germs, and right now, it’s also beating 99% of stocks.
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