Colgate Palmolive Co Stock Price, News & Analysis

Colgate-Palmolive has launched the Know Your OQ™ initiative to improve global oral health, committing over $100 million over the next five years. This initiative aims to raise awareness about the oral health crisis affecting nearly half the world’s population. The company emphasizes that oral health directly influences overall health and wellbeing. Colgate also introduces educational resources, research collaborations, and diversity scholarships to enhance oral health literacy and support underrepresented communities in dental professions.

Colgate-Palmolive (NYSE:CL) has announced the commencement of the Colgate Women’s Games, the longest-running Track & Field series for girls, now in its 47th season. This year’s event, postponed in 2021 due to health concerns, will take place outdoors, prioritizing athlete safety with medical guidelines. Registration opens on March 1, 2022, with scholarships totaling over $100,000 available for participants. The series aims to empower young women through athletics and education.

Colgate-Palmolive Company (NYSE:CL) reported a 6.0% increase in net sales for the full year 2021, with organic sales up 4.5%. For Q4 2021, net sales rose 2.0%, and organic sales increased by 3.0%. However, GAAP EPS fell 19% to $2.55, largely due to impairment charges linked to the Filorga business, while Base Business EPS grew 5% to $3.21. The company initiated a Global Productivity Initiative aimed at reallocating resources and achieving annual pre-tax savings of $90 to $110 million. 2022 guidance anticipates net sales growth of 1% to 4%, with a focus on maintaining profitability amid rising costs.

Colgate-Palmolive is collaborating with 3Shape to launch the Colgate Illuminator, a personalized teeth whitening tool for dental clinics in the U.S. This innovative software utilizes evidence-based algorithms to help dentists provide patients with a predictive visualization of potential whitening outcomes using the Colgate Optic White Professional product. The technology aims to enhance patient experiences and alleviate anxiety around whitening treatments.

Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its fourth quarter and year-end earnings conference call on January 28, 2022, at 8:30 a.m. ET. Key executives including CEO Noel Wallace and CFO Stan Sutula will present. Investors can access the live event via the company's website, with a recorded version available afterward. Colgate-Palmolive focuses on products in Oral Care, Personal Care, Home Care, and Pet Nutrition, serving over 200 countries with well-known brands such as Colgate and Palmolive.

Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.45 per common share, payable on February 15, 2022, to shareholders on record as of January 24, 2022. The company has consistently paid dividends since 1895, reflecting its commitment to returning value to shareholders. Colgate-Palmolive operates globally, focusing on oral, personal, and home care products while emphasizing sustainability initiatives that have positively impacted over 1.3 billion children through its community health programs.

Colgate-Palmolive has announced the winners of the first global pitch competition, the Colgate Connect Challenge, aimed at startups innovating for healthier futures. Six finalists pitched ideas on quantified health, smart packaging, and solutions for underserved populations. Three winners were awarded cash prizes: Dermala won $20,000 for personalized skin health solutions, SkinDNA received $15,000 for its skin microbiome wearable patch, and Gennev earned $10,000 for menopause support products. The competition highlights Colgate's commitment to innovation and collaboration.

Colgate-Palmolive (NYSE:CL) announced that John Faucher, Chief Investor Relations Officer, will engage in a virtual fireside chat at the Citi Global Consumer Conference on December 8, 2021, at 11:00 a.m. ET. Investors can access a live webcast on Colgate's website, with a recorded version available afterward.

The company, recognized for its commitment to sustainability and innovation, operates in more than 200 countries, offering products in Oral Care, Personal Care, Home Care, and Pet Nutrition under well-known brands.