Welcome to our dedicated page for Colgate Palmolive Co news (Ticker: CL), a resource for investors and traders seeking the latest updates and insights on Colgate Palmolive Co stock.
Colgate-Palmolive Co. (NYSE: CL) maintains this dedicated news hub for investors and stakeholders seeking authoritative updates about the global consumer goods leader. Access real-time press releases, earnings reports, and strategic announcements from one of the world's most established oral care and household product manufacturers.
This resource consolidates essential updates across Colgate-Palmolive's core operations, including product innovations in dental health, sustainability initiatives like recyclable packaging developments, and financial performance across its oral care, pet nutrition, home care, and personal care divisions. Users will find timely information about leadership changes, emerging market expansions, and partnership announcements that shape the company's position in 200+ countries.
Regular updates ensure comprehensive tracking of CL stock-relevant developments while maintaining strict adherence to factual reporting standards. The curated news feed serves both casual observers and professional analysts requiring verified information about market share dynamics, competitive positioning against industry peers, and regulatory developments affecting consumer goods manufacturers.
Bookmark this page for direct access to Colgate-Palmolive's official communications, eliminating the need to search multiple sources. Check back regularly for updates that matter to your understanding of this NYSE-listed company's operational and financial trajectory.
Colgate-Palmolive (NYSE:CL) announced participation in a virtual fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 1, 2021, at 11:00 a.m. ET. Company executives, including Group President Panagiotis Tsourapas and CFO Stan Sutula, will present insights into Colgate’s innovative growth strategies focused on Oral Care, Personal Care, Home Care, and Pet Nutrition. Investors can access the live webcast via Colgate’s website, with a recorded version available afterward.
Colgate-Palmolive Company (NYSE:CL) reported a 6.5% increase in net sales and a 4.5% growth in organic sales for Q3 2021, although EPS declined 7% on a GAAP basis to $0.75. The company's gross profit margin decreased by 180 basis points to 59.4%. Colgate maintains its leadership in toothpaste with a 39.5% global market share. Full-year guidance predicts net sales to rise 4% to 7% including foreign exchange benefits, while organic sales are expected to grow 3% to 5%.
Challenges include rising raw material costs and ongoing uncertainties due to COVID-19.
This National Dental Hygiene Month, Colgate-Palmolive highlights its global research indicating the detrimental effects of dental cavities on children and parents. Surveying over 20,000 parents across 12 countries, it found that 62% of U.S. children suffer from cavities, leading to missed school days and impacting parents' work. The CDC reports that 51 million school hours and over 164 million work hours are lost annually due to oral health issues. Colgate emphasizes the urgent need for oral health education to combat this public health crisis.
Colgate-Palmolive Company (NYSE:CL) will host its third quarter earnings conference call on Friday, October 29, 2021, at 8:30 a.m. ET. The call will be led by Chairman and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher. Interested investors can access the live webcast on Colgate's website. A recorded version will also be available afterward. Colgate continues to focus on sustainability and community engagement, promoting initiatives like the Bright Smiles, Bright Futures program that has reached over 1.3 billion children globally.
Emerson is partnering with Colgate-Palmolive to enhance energy efficiency in packaging operations, aiming for net zero carbon emissions by 2040. Utilizing Emerson's advanced sensor technologies, Colgate has achieved a 15% reduction in energy consumption across its toothpaste and toothbrush packaging lines. The collaboration integrates IIoT-enabled software to optimize pneumatic processes, and further energy savings are anticipated as the technology expands.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) declared a quarterly cash dividend of $0.45 per common share, payable on November 15, 2021, to shareholders of record as of October 21, 2021. This marks the company's commitment to returning value to shareholders, reflecting its stable financial position. Colgate-Palmolive has maintained uninterrupted dividend payments since 1895, showcasing a long-standing tradition of rewarding its investors.
Colgate-Palmolive (NYSE:CL) CEO Noel Wallace will attend a virtual fireside chat at the Barclays 2021 Global Consumer Staples Conference on September 8, 2021, at 9:20 am ET. Investors can access a live webcast on Colgate's website, with a recorded version available later. Colgate-Palmolive is dedicated to sustainable growth in Oral Care, Personal Care, Home Care, and Pet Nutrition, reaching over 200 markets with brands like Colgate and Palmolive. The company is recognized for its environmental sustainability initiatives and community health programs.
Colgate-Palmolive Company (NYSE:CL) reported a 9.5% increase in net sales and 5.0% organic sales growth for Q2 2021. On a GAAP basis, EPS grew 12% to $0.83. Despite an 80 basis point decline in gross profit margin to 60.0%, net cash provided by operations reached $1,225 million. The company continues to lead in global toothpaste and manual toothbrush markets with 39.3% and 30.8% market share respectively. Colgate expects full-year net sales growth of 4% to 7%, despite ongoing cost headwinds due to raw materials and logistics.
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