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 received an unsolicited mini-tender offer from TRC Capital to acquire 1.5 million shares at $80.63 each, a 4.46% discount compared to its last closing price of $84.39 as of July 16, 2021. Colgate advises shareholders against accepting the offer due to the lower price and various conditions attached, including TRC's financing. The company emphasizes that they are not associated with TRC and urges investors to verify current market prices and consult with financial advisors before making decisions.
Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its Q2 2021 earnings call on July 30, 2021, at 8:30 a.m. ET, led by CEO Noel Wallace and Chief Investor Relations Officer John Faucher. Investors can access the call on Colgate's website, with a recording available later for those unable to attend live. Colgate is committed to sustainability and innovation, promoting healthier futures through its extensive range of products sold in over 200 countries. The company has made significant strides in environmental initiatives and oral health programs.
Hill's Pet Nutrition plans to invest over $250 million in a new factory in Tonganoxie, Kansas, creating 80 jobs by 2025. This facility, designed to meet rising demand for its products, will be strategically located in an area known for its strong animal health industry. Expected construction start is later this year, with completion aimed for 2023. The plant will follow sustainability practices, aiming for TRUE® certification for zero waste. This investment marks a significant milestone for Leavenworth County and reinforces Hill's longstanding presence in Kansas.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.45 per common share, to be paid on August 16, 2021, to shareholders on record as of July 21, 2021. The company boasts a continuous dividend payment history since 1895.
Colgate-Palmolive emphasizes innovation and sustainability, operating in over 200 countries with a wide product range in Oral Care, Personal Care, Home Care, and Pet Nutrition. Its initiatives include promoting environmental sustainability and community wellness.
Colgate-Palmolive (NYSE:CL) executives will engage in a virtual fireside chat at the Evercore ISI Virtual Consumer & Retail Summit on June 17, 2021, at 2:00 PM ET. Colgate’s Group President for Latin America, Asia Pacific, and Africa-Eurasia, Panagiotis Tsourapas, along with Chief Investor Relations Officer, John Faucher, will participate. Investors can access the live webcast on Colgate’s website, with a recorded version available afterward. Colgate is committed to sustainability and community health, reaching over 1.3 billion children through its Bright Smiles, Bright Futures program.
Colgate-Palmolive (NYSE:CL) will have its Chairman, President, and CEO, Noel Wallace, participate in a virtual fireside chat at the dbAccess Global Consumer Conference on June 9, 2021, at 11:00 a.m. ET. Investors can access the live webcast on Colgate’s website, with a recorded version available later for those unable to attend live. The company, known for its brands in Oral Care, Personal Care, Home Care, and Pet Nutrition, is committed to environmental sustainability and community well-being, having reached over 1.3 billion children through its oral health initiatives since 1991.
Colgate-Palmolive announced its first private sector oral care experiment to be launched to the ISS, sponsored by the ISS U.S. National Laboratory. The experiment aims to study oral bacteria growth in microgravity, potentially benefiting over half the world's population in oral health advancements within 5-10 years. Scheduled for SpaceX's CRS-22 mission, the research collaboration with UNLV will utilize microfluidic devices to simulate dental plaque effectively. This initiative marks the beginning of several planned space research projects for Colgate.
Colgate-Palmolive (NYSE:CL) will have its Chief Technology Officer, Patricia Verduin, and Chief Investor Relations Officer, John Faucher, participate in a virtual fireside chat at the Goldman Sachs Global Staples Forum on May 18, 2021, at 12:10 pm ET. Investors can access the live webcast through Colgate's website, with a recorded version available later for those unable to attend live. Colgate-Palmolive is recognized for its commitment to sustainability and community initiatives, focusing on Oral Care, Personal Care, Home Care, and Pet Nutrition.
Colgate-Palmolive Company (NYSE:CL) reported a 6.0% increase in net sales and a 5.0% growth in organic sales for Q1 2021. Despite a 4% decline in GAAP EPS to $0.80, Base Business EPS grew by 7%.
The company's gross profit margin improved by 50 basis points to 60.7%.
Notably, Colgate maintained its leadership in toothpaste with a 39.2% market share and in manual toothbrushes with a 30.6% share. The company reiterated its 2021 financial guidance, expecting a 4%-7% increase in net sales for the full year.
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