Welcome to our dedicated page for Colgate Palmolive news (Ticker: CL), a resource for investors and traders seeking the latest updates and insights on Colgate Palmolive stock.
Colgate-Palmolive Company reports developments across a global consumer-products business focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Company news commonly covers quarterly and annual results, organic sales trends, margin and advertising outlook, the Hill's Pet Nutrition business, product and brand activity across Colgate, Palmolive, Softsoap, EltaMD, Fabuloso and related brands, and updates tied to its operations in more than 200 countries and territories.
Recurring announcements also include dividend actions, board and governance changes, earnings webcasts, sustainability and community programs such as Colgate Bright Smiles, Bright Futures, oral-health partnerships, and actions under the company's Strategic Growth and Productivity Program.
Colgate-Palmolive Company (NYSE:CL) reported a 5.5% increase in net sales and a 9.0% growth in organic sales for Q2 2022, with all divisions experiencing growth. However, GAAP EPS fell 13% to $0.72 due to rising costs. The company maintains a 39.6% market share in toothpaste. Despite significant raw material cost pressures, Colgate raised its full-year organic sales growth guidance to 5%-7%. The decline in gross profit margin, attributed to logistics and material costs, was noted, alongside ongoing efforts to manage pricing and costs.
Colgate-Palmolive Company (NYSE:CL) will host its Q2 2022 earnings conference call on July 29, 2022, at 8:00 a.m. ET. Key executives, including Chairman and CEO Noel Wallace, will lead the discussion. Prepared materials will be available by 7:00 a.m. ET on the company’s Investor Center website. The call can be accessed live via Colgate's website, with a recorded version available later. Colgate-Palmolive operates in over 200 countries and focuses on sustainable practices to improve health and wellbeing.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.47 per common share, payable on August 15, 2022. Shareholders of record on July 21, 2022 will receive this dividend. The company has consistently paid dividends since 1895, reflecting a strong commitment to returning value to shareholders.
Colgate-Palmolive operates globally in Oral Care, Personal Care, Home Care, and Pet Nutrition, and is recognized for its sustainability initiatives.
Colgate-Palmolive (NYSE:CL) announced that Group President for Europe and Developing Markets, Panagiotis Tsourapas, along with Chief Investor Relations Officer John Faucher, will present at the dbAccess Global Consumer Conference in Paris on June 15, 2022, at 3:15 am ET. Investors can access a live webcast on Colgate’s website, with recorded versions available afterward. Colgate operates in over 200 countries under well-known brands, focusing on sustainability and community initiatives, including a commitment to improving oral health through educational programs.
Colgate-Palmolive (NYSE:CL) will have Chief Investor Relations Officer John Faucher participate in a virtual fireside chat at the Evercore ISI Consumer & Retail Conference on June 7, 2022, at 11:00 AM ET. Investors can access a live webcast through Colgate’s website, with a recorded version available later. Colgate is focused on innovative growth in Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries with prominent brands like Colgate, Palmolive, and Hill’s Science Diet. For more details, visit Colgate's website.
Colgate-Palmolive (NYSE:CL) will participate in a fireside chat at the Goldman Sachs Global Staples Forum on Tuesday, May 17, 2022, at 1:10 pm ET. Key executives, including Juan Pablo Zamorano and John Faucher, will be present. Investors can access the live webcast through Colgate's website. The company, recognized for its innovations in Oral Care, Personal Care, Home Care, and Pet Nutrition, operates in over 200 countries. Colgate is committed to sustainability and community welfare, achieving milestones in reducing plastic waste and improving children's oral health.
Colgate-Palmolive Company (NYSE:CL) reported a 1.5% increase in net sales and a 4.0% rise in organic sales for Q1 2022. However, EPS declined by 18% to $0.66 on a GAAP basis, and by 8% to $0.74 on a Base Business basis. The gross profit margin fell 220 basis points to 58.5%. Operational cash flow was $386 million. Colgate maintained significant market shares in toothpaste (39.2%) and manual toothbrushes (30.7%). The company updated its 2022 guidance, expecting net sales growth at 1% to 4% and organic sales growth at 4% to 6%. Challenges include rising raw material costs and global uncertainties.
Colgate-Palmolive Company (NYSE:CL) will host its 2022 Annual Meeting of Stockholders on May 6, 2022, at 10:00 a.m. ET. The meeting will be conducted virtually and led by Noel Wallace, Chairman, President and CEO. Investors can access the webcast from 9:30 a.m. ET via www.virtualshareholdermeeting.com/CL2022. A recorded version will be available 24 hours post-meeting. Colgate-Palmolive is committed to sustainability and innovation in oral care and other categories, selling products in over 200 countries.
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Colgate-Palmolive Company (NYSE:CL) announces a live webcast for its Q1 2022 earnings conference call on April 29, 2022, at 8:30 a.m. ET. The call features Chairman and CEO Noel Wallace, CFO Stan Sutula, and SVP John Faucher. Additionally, prepared remarks will be available at 7:00 a.m. ET on the investor section of their website. The call will be accessible on Colgate's website, with a recorded version available post-event. Colgate operates globally in various sectors, emphasizing sustainability and community wellbeing.