Central Boynton Beach High School Inks Multi-Year Deal with Fresh Step

Shares of The Clorox Company (CLX - NYSE) soared on Monday at the news of a multi-year contract to be the exclusive provider of kitty litter to Central Boynton Beach High School.

The five-year deal will provide CBBHS with Fresh Step Kitty Litter, which will be used in the cafetorium, classrooms, and just about anywhere on campus where a student or faculty member has vomited.

The deal calls for Fresh Step to be provided at a cost of $7.99 per 14 lb. bag, or $1.50 more than the going rate at most grocery stores. The shrewd deal obviously impressed some on Wall Street, as was indicated by late afternoon trading.

Some analysts weren't quite so thrilled, however. Broker Justin Pitt provided his thoughts: "Anytime you can negotiate a deal that pays you substantially more per unit than you would get in the marketplace, that's a good thing. But don't forget, they were negotiating with (expletive) janitors."

Fresh Step litter products contain encapsulated fresheners with every granule to freshen all disgusting odors, such as vomit, urine, and huge festering clumps of poopie.