Colgate Palmolive Co Stock Price, News & Analysis

Colgate-Palmolive has announced the recipients of the Colgate Award for Research Excellence (CARE) for 2022, granting $30,000 USD for each oral health research project. This year’s winners include researchers from institutions like the University of Minnesota and SUNY Buffalo. The program, which started in 2016, supports junior faculty in their first five years of academic positions. The CARE Program aligns with Colgate's initiative to enhance global oral health literacy through innovative research.

Colgate-Palmolive (NYSE:CL) will participate in a fireside chat during the 11th Annual UBS Global Consumer and Retail Conference on March 9, 2022, at 3:00 p.m. ET. John Faucher, Chief Investor Relations Officer, will represent the company. Investors can access the live webcast via Colgate's website, with a recorded version available later for those unable to attend. Colgate is recognized for its commitment to sustainability and community wellbeing, promoting products in Oral Care, Personal Care, Home Care, and Pet Nutrition globally.

Colgate-Palmolive Company has announced the launch of its Inspire our Future scholarship, aimed at supporting Black and African American students committed to community service. The program will award ten scholarships of $10,000 each, with five designated for students in manufacturing, engineering, or supply chain fields and five for those in sales or marketing. Eligible applicants are current college sophomores and juniors. The program aims to enhance diversity, equity, and inclusion in education and is administered in partnership with Scholarship America.

Colgate-Palmolive (NYSE:CL) will present at the Consumer Analyst Group of New York Virtual Conference on February 25, 2022, at 10:20 am ET. The presentation will be led by Chairman and CEO Noel Wallace and Chief Digital Officer Brigitte King. Investors can access the presentation via the 'Investor Center' on Colgate's website. Colgate-Palmolive focuses on Oral, Personal, Home Care, and Pet Nutrition, serving over 200 countries with a commitment to sustainability and community well-being. The company emphasizes reducing plastic waste and enhancing children's oral health.

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.