The revision of Clorox's FY24 net sales forecast to a decrease in the low single digits directly impacts investor sentiment and the company's stock price. Typically, downward revisions in sales forecasts can lead to negative investor reactions, as they may signal underlying challenges in the company's operations or market demand. This news is highly relevant to Clorox and is of significant importance to investors, as revenue forecasts are critical indicators of a company's future financial health. The confidence level is high due to the direct correlation between sales forecasts and stock performance, although market conditions and other external factors could influence the actual impact.