Colgate Palmolive Co - CL STOCK NEWS

Colgate-Palmolive (NYSE:CL) has announced its upcoming 2025 Annual Meeting of Stockholders, scheduled for Friday, May 9, 2025, at 10:00 a.m. ET. The meeting will be accessible via live video webcast at www.virtualshareholdermeeting.com/CL2025, with access opening at 9:30 a.m. ET.

For those unable to attend the live session, a recorded version will be available on the company's website approximately 24 hours after the meeting ends. The company operates in over 200 countries across Oral Care, Personal Care, Home Care, and Pet Nutrition sectors, featuring prominent brands including Colgate, Palmolive, elmex, Tom's of Maine, and Hill's Science Diet.

The company highlights its sustainability achievements, particularly in reducing plastic waste, promoting recyclability, and water conservation. Their Colgate Bright Smiles, Bright Futures program has reached approximately 1.8 billion children and their families since 1991.

Colgate-Palmolive (NYSE:CL) reported its Q1 2025 results with mixed performance. Net sales decreased 3.1% while organic sales grew 1.4%. GAAP EPS increased 2% to $0.85, and Base Business EPS rose 6% to $0.91.

The company maintained strong market leadership with 40.9% global market share in toothpaste and 31.9% in manual toothbrushes. Gross profit margin improved by 80 basis points to 60.8%. Net cash from operations was $600 million.

Regional performance varied significantly: Latin America saw organic growth of 4.0% despite currency headwinds, Europe grew 5.4%, while North America declined 3.0%. The company updated its 2025 guidance, now expecting low single-digit net sales growth and organic sales growth of 2-4%.

Colgate-Palmolive (NYSE:CL) has announced its upcoming 2025 first quarter earnings conference call, scheduled for Friday, April 25, 2025, at 8:30 a.m. ET. The webcast will feature key executives including Chairman, President and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher.

The company, a global leader in consumer goods, operates in over 200 countries and territories with prominent brands including Colgate, Palmolive, elmex, hello, and Hill's Science Diet. Their business spans across four main segments: Oral Care, Personal Care, Home Care, and Pet Nutrition.

Notable achievements include their sustainability initiatives focused on reducing plastic waste, promoting recyclability, and water conservation. Their Colgate Bright Smiles, Bright Futures program has reached approximately 1.8 billion children and families since 1991.

Colgate-Palmolive (NYSE:CL) has announced two significant shareholder-friendly initiatives. The company's Board of Directors has approved a 4% increase in quarterly dividend from $0.50 to $0.52 per share, effective second quarter 2025. The new annual dividend rate will be $2.08, up from $2.00 previously. The dividend will be paid on May 15, 2025, to shareholders of record as of April 17, 2025.

Additionally, the Board has authorized a new $5 billion share repurchase program, replacing the previous program of the same amount from 2022. The company will begin repurchasing shares after March 20, 2025, through open market or private transactions. As of January 31, 2025, Colgate had approximately 812 million shares outstanding.

These actions reinforce Colgate's commitment to returning value to shareholders, with the company maintaining an uninterrupted dividend payment history since 1895.

Tom's of Maine has launched Whiten+ Toothpaste, a natural whitening solution that combines naturally derived mineral technology and plant-based cleansers. The product removes 95% of surface stains in two weeks with twice-daily brushing.

Available in two formulas: Whiten+ Deep Clean (Fluoride) in Peppermint and Spearmint, and Whiten+ Coconut Oil (Fluoride-Free) in Gentle Mint. The toothpaste is enamel-safe, prevents new stains after three weeks, and contains no sodium lauryl sulfate, peroxide, gluten, or artificial additives.

The product is now available nationwide at major retailers including Walmart, Target, and Amazon.com with an MSRP of $5.99 (4.0 oz). The toothpaste comes in a recyclable tube and aligns with the company's B Corp certification commitments to sustainability.

Colgate-Palmolive (NYSE:CL) announces its participation in the UBS Global Consumer and Retail Conference scheduled for March 12, 2025. Chief Investor Relations Officer and EVP, M&A, John Faucher, will engage in a fireside chat at 3:00 p.m. ET.

The event will be accessible through a live webcast on Colgate's website, with a recorded version available afterward in the 'Investor Center' section. The company operates in over 200 countries, focusing on Oral Care, Personal Care, Home Care and Pet Nutrition under various brands including Colgate, Palmolive, Hill's Science Diet, and others.

Colgate-Palmolive (NYSE:CL) has announced an agreement to acquire Care TopCo Pty , owner of the Prime100 pet food brand in Australia. The acquisition will provide Hill's Pet Nutrition division entry into the fast-growing fresh pet food category while strengthening its presence in the Australian market.

Prime100, launched in 2014 and based in Melbourne, is a leading fresh pet food brand offering refrigerated and shelf-stable products. The brand is known for its science-backed product lines and veterinary endorsement. The transaction will be financed through debt and cash, with closing expected in the second quarter of 2025, subject to Australian regulatory approval.

The acquisition aligns with Colgate's growth strategy of investing in faster-growing product segments adjacent to core categories. The company states the transaction is not expected to have a material impact on diluted earnings per share in 2025.

Give Kids A Smile (GKAS) program is celebrating its 23rd year of providing free oral healthcare to underserved children, with its 2025 national kick-off event at Meharry Medical College School of Dentistry. Since 2003, GKAS volunteers have served over 9.5 million children in the U.S.

In 2025, nearly 1,100 GKAS events are scheduled nationwide, expecting to serve approximately 325,500 underserved children through free oral health education, screenings, and preventive services. About 25,000 dental professionals will volunteer, supported by donations from Henry Schein (HSIC) and Colgate-Palmolive.

Henry Schein has contributed over $20 million in oral health care products since the program's inception. The initiative addresses a critical need, as CDC data shows 50% of children aged 6-9 years have had cavities, with lower-income children being twice as likely to have untreated cavities compared to higher-income households.

Colgate-Palmolive (NYSE:CL) has announced that Chairman, President and CEO Noel Wallace, along with EVP and General Manager of India, Prabha Narasimhan, will present at the Consumer Analyst Group of New York Conference on February 21, 2025, at 8:00 am ET.

The presentation will be accessible through a live webcast on Colgate's website, with slides available for viewing. A recorded version will be made available afterward through the company's Investor Center page.

Colgate-Palmolive operates in over 200 countries across Oral Care, Personal Care, Home Care, and Pet Nutrition segments. The company's portfolio includes prominent brands such as Colgate, Palmolive, elmex, Tom's of Maine, and Hill's Science Diet. Their Colgate Bright Smiles, Bright Futures program has reached approximately 1.8 billion children and families since 1991.