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Colgate-Palmolive Company - $CL STOCK NEWS

Welcome to our dedicated page for Colgate-Palmolive Company news (Ticker: $CL), a resource for investors and traders seeking the latest updates and insights on Colgate-Palmolive Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Colgate-Palmolive Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Colgate-Palmolive Company's position in the market.

Rhea-AI Summary

Colgate-Palmolive Company (NYSE:CL) will host its 2024 Annual Meeting of Stockholders virtually on May 10, 2024, at 10:00 a.m. ET. The meeting will feature Noel Wallace, Chairman, President, and CEO, discussing the company's vision and future plans. Investors can access the live webcast on the company's website or view a recorded version later. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, with a strong commitment to sustainability and community wellbeing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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Rhea-AI Summary
Colgate-Palmolive (NYSE:CL) reported strong first quarter 2024 results with a 6.2% increase in net sales, 9.8% growth in organic sales, and an 84% rise in GAAP EPS. The company's gross profit margin increased by 310 basis points to 60.0%. Colgate's leadership in toothpaste and manual toothbrushes continued with global market shares of 41.3% and 31.7% respectively. The company raised its full-year 2024 guidance for net sales growth to 2-5% and organic sales growth to 5-7%. Colgate's CEO highlighted strong top and bottom-line performance, double-digit growth in operating profit, net income, and earnings per share, along with significant investments in advertising and growth-driving capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
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Rhea-AI Summary
Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its 2024 first quarter earnings conference call on April 26, 2024. The call will feature key executives discussing the company's results and future outlook. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries under various well-known brands.
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-0.17%
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Rhea-AI Summary
Tom's of Maine introduces a new deodorant line featuring 11 scents with naturally sourced moisture-locking ingredients in eco-friendly packaging. Dermatologist Dr. Adeline Kikam supports the launch, promoting natural underarm protection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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Rhea-AI Summary
Colgate-Palmolive Company (CL) increases quarterly dividend to $0.50 per share, effective in the second quarter of 2024. Annualized rate now at $2.00 per share. The Company has a long history of uninterrupted dividends since 1895.
Rhea-AI Impact
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0.11%
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dividends
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Rhea-AI Summary
ZO® Skin Health appoints Justin Skala as CEO, bringing over 35 years of experience in high efficacy products. Skala aims to drive growth and innovation at ZO® Skin Health, succeeding Mark Williams. The company, founded in 2007 by Dr. Zein Obagi, focuses on providing healthy skin for all.
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Rhea-AI Sentiment
End-of-Day
0.71%
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management
Rhea-AI Summary
Colgate-Palmolive (NYSE:CL) executives to participate in UBS Global Consumer and Retail Conference. The company focuses on Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries with a strong emphasis on sustainability and community well-being.
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0.46%
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Rhea-AI Summary
Colgate-Palmolive Company (CL) appoints Brian Newman, CFO of UPS, to its Board of Directors, while Stephen I. Sadove retires. Newman brings extensive financial and global business expertise. Sadove to retire at the end of his term. Colgate focuses on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products globally under various brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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management
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Rhea-AI Summary
Colgate-Palmolive (NYSE:CL) Chairman, President and CEO, Noel Wallace, and Chief Analytics and Insights Officer, Diana Schildhouse, will present at the Consumer Analyst Group of New York Conference on February 23, 2024. The company is focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries and territories. Colgate is known for its sustainability efforts, decreasing plastic waste, promoting recyclability, water conservation, and improving children's oral health through the Colgate Bright Smiles, Bright Futures program.
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Rhea-AI Sentiment
End-of-Day
0.14%
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Rhea-AI Summary
Tom's of Maine announces the year two winners of its Incubator program, recognizing five leaders in sustainable farming, climate change, and environmental justice. The brand distributed $100,000 among these changemakers to help scale their environmental solutions for the greater good. Each Incubator Member has been awarded $20,000 in funding, in addition to access to expert mentors, collaboration opportunities, and significant backing from Tom's of Maine to amplify their message and increase engagement with their environmental initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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Colgate-Palmolive Company

NYSE:CL

CL Rankings

CL Stock Data

77.19B
773.83M
0.1%
83.96%
1.43%
Soap and Other Detergent Manufacturing
Manufacturing
Link
United States of America
NEW YORK

About CL

every day, millions of consumers around the world trust our products to care for themselves and the ones they love. colgate-palmolive is a global company serving people in over 200 countries and territories with consumer products that make their lives healthier and more enjoyable. colgate manufactures and markets oral care, personal care, home care and pet nutrition products under such internationally recognized brand names as colgate, palmolive, speed stick, lady speed stick, softsoap, irish spring, protex, sorriso, kolynos, elmex, tom’s of maine, sanex, ajax, axion, fabuloso, soupline and suavitel, as well as hill’s science diet, hill’s prescription diet and hill’s ideal balance. follow @cp_news on twitter for news about colgate-palmolive: https://twitter.com/cp_news for information about joining our team, visit https://jobs.colgate.com/ and stay connected at: http://facebook.com/colgatepalmolivejobs https://twitter.com/colgatecareers