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.
Colgate-Palmolive Company (NYSE: CL) is a globally recognized leader in the consumer products industry, serving millions of consumers in over 200 countries and territories. Founded in 1806, the company has grown significantly to become a major player in the oral care, personal care, home care, and pet nutrition sectors.
Colgate-Palmolive’s product portfolio includes some of the world’s most trusted brands such as Colgate, Palmolive, Speed Stick, Softsoap, Irish Spring, Ajax, and Hill's Science Diet. These products are designed to make daily life healthier and more enjoyable for consumers. The company’s operations are notably strong internationally, with approximately 70% of its sales coming from international markets, including about 45% from emerging regions.
With a strong commitment to sustainability and social responsibility, Colgate-Palmolive actively supports environmental and wellness initiatives. The company engages in various philanthropic activities and has partnerships aimed at improving oral health, hygiene, and pet care globally.
Recent achievements include the expansion of its Tom's of Maine Incubator program, which supports young leaders focused on sustainable farming, climate change, and environmental justice. The program, now in its second year, has awarded $100,000 to five new changemakers, providing them with funding and mentorship to scale their impactful work.
Financially, Colgate-Palmolive continues to demonstrate strong performance with robust sales growth driven by its diverse product lines and extensive global reach. The company is well-positioned to adapt to market changes and sustain its leadership in the consumer goods sector.
For the latest updates, you can follow the company on Twitter at @cp_news. For those interested in career opportunities, visit Colgate Careers and stay connected via their social media platforms on Facebook and Twitter.
Colgate-Palmolive (NYSE:CL) reported strong Q2 2024 results, with net sales up 4.9% and organic sales growth of 9.0%. Key highlights:
- GAAP EPS increased 48% to $0.89; Base Business EPS up 18% to $0.91
- Gross profit margin expanded 280 basis points to 60.6%
- Global market share: 41.5% in toothpaste, 32.2% in manual toothbrushes
- All operating divisions delivered positive volume growth
- Advertising investment increased 18%
The company raised its 2024 organic sales growth guidance to 6-8% and increased Base Business EPS growth guidance to 8-11%. Management expressed confidence in executing strategies to deliver on increased expectations, drive cash flow, and generate consistent earnings growth.
Colgate-Palmolive Company (NYSE:CL) announced that it will webcast its 2024 second quarter earnings conference call on July 26, 2024, at 8:30 a.m. ET. The call will feature insights from Chairman, President, and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher. Previously prepared materials regarding the results will be available on their investor website at 7:00 a.m. ET the same day. A replay of the webcast will also be accessible through the Investor Center section on Colgate's website.
Colgate-Palmolive is recognized for its leadership in sustainability and community wellbeing, offering products in over 200 countries under various brands including Colgate, Palmolive, and Hill's Science Diet.
The Board of Directors of Colgate-Palmolive (NYSE: CL) declared a quarterly cash dividend of $0.50 per common share. This dividend is payable on August 15, 2024, to shareholders of record as of July 19, 2024. Colgate-Palmolive has consistently paid dividends since 1895.
Colgate-Palmolive operates in over 200 countries, focusing on Oral, Personal, Home Care, and Pet Nutrition products. Its brands include Colgate, Palmolive, Hill’s Science Diet, and many more. The company is committed to sustainability and community well-being, as demonstrated by its efforts in reducing plastic waste, conserving water, and improving children's oral health.
For more details, visit their official website or refer to the press release on BusinessWire.
Colgate-Palmolive (NYSE:CL) announced that Chief Investor Relations Officer and EVP, M&A, John Faucher will participate in a virtual fireside chat at the Evercore ISI Consumer & Retail Conference. The event is scheduled for Tuesday, June 11, 2024, at 12:30 p.m. ET. Investors can access a live webcast on Colgate's website, with a recorded version available afterward.
Colgate-Palmolive is a global leader in Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries. Recognized for sustainability and community wellbeing efforts, the company brands include Colgate, Palmolive, Tom's of Maine, and Hill's Science Diet. The Colgate Bright Smiles, Bright Futures program has reached approximately 1.7 billion children and families since 1991.
Colgate-Palmolive (NYSE: CL) Chairman, President, and CEO, Noel Wallace, will participate in a fireside chat at the dbAccess Global Consumer Conference in Paris on June 5, 2024, at 5:15 am ET. The event will be webcast live and later made available on Colgate's website for investors.
Colgate-Palmolive is a global leader in Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries with brands like Colgate, Palmolive, and Hill's Science Diet. The company is noted for its sustainability initiatives, including reducing plastic waste and conserving water, as well as its community programs such as the Colgate Bright Smiles, Bright Futures, which has benefited around 1.7 billion children and families since 1991.
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.
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