Welcome to our dedicated page for Colgate-Palmolive Company news (Ticker: $CL), a resource for investors and traders seeking the latest updates and insights on Colgate-Palmolive Company stock.
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Colgate-Palmolive Company (NYSE:CL) reported a 7.0% increase in net sales and organic sales for the fourth quarter and an 8.5% increase for the full year 2023. The company's Chairman, President, and CEO expressed satisfaction with the strong top and bottom line results, including growth in net and organic sales, improved organic volume performance, and increased earnings per share. The company also saw growth in gross profit margin, operating profit margin, net income, and free cash flow. Full-year total net sales were $19,457 million, with a 30% increase in GAAP EPS to $2.77. Base Business EPS increased 9% to $3.23. Colgate-Palmolive also provided guidance for 2024, expecting net sales growth to be 1% to 4%, including a low-single-digit negative impact from foreign exchange, and organic sales growth within the 3% to 5% targeted range. The company anticipates gross profit margin expansion, increased advertising investment, and double-digit earnings-per-share growth on a GAAP basis, and mid to high-single-digit earnings-per-share growth on a non-GAAP basis.
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End-of-Day
1.98%
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Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its 2023 fourth quarter and full year earnings conference call on January 26, 2024. The call will feature Chairman, President, and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer and SVP, M&A John Faucher. The company will release its prepared materials in PDF format on its website and provide access to the live audio webcast for investors. Colgate-Palmolive is a global company focused on oral care, personal care, home care, and pet nutrition, operating in over 200 countries under various well-known brands. The company is committed to sustainability, community well-being, and promoting children's oral health through its Colgate Bright Smiles, Bright Futures program.
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End-of-Day
0.66%
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Colgate-Palmolive Company (NYSE:CL) declared a quarterly cash dividend of $0.48 per common share, payable on February 15, 2024, to shareholders of record on January 22, 2024. The company has paid uninterrupted dividends on its common stock since 1895. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries and territories under various brands. The company is known for its leadership in promoting sustainability and community wellbeing, as well as its achievements in decreasing plastic waste, promoting recyclability, and improving children's oral health through the Colgate Bright Smiles, Bright Futures program.
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0.43%
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Colgate-Palmolive (NYSE:CL) Group President and CFO to participate in fireside chat at Morgan Stanley Global Consumer & Retail Conference. The fireside chat will be available via live webcast on Colgate's website. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries under various brands.
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-0.15%
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Colgate-Palmolive reports strong Q3 2023 results with net sales increasing 10.5% and organic sales growing 9.0%. Gross profit margin and operating profit also saw improvements. The company raised its financial guidance for full year 2023.
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-1.77%
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Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2023 third quarter earnings conference call on October 27, 2023, at 8:30 a.m. ET.
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1.79%
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Tom's of Maine announces second annual Incubator program for underrepresented leaders in climate movement
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-0.85%
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Colgate-Palmolive signs a 20-year virtual power purchase agreement for a solar energy farm in Texas, expected to produce 100% of the company's U.S.-based operational electricity needs. The project is part of Colgate's efforts to achieve Net Zero carbon emissions by 2040 and 100% renewable electricity by 2030.
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-0.39%
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Colgate-Palmolive Company declares quarterly cash dividend of $0.48 per common share
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0.87%
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Colgate-Palmolive CEO to present at Barclays Global Consumer Staples Conference
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-0.26%
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Colgate-Palmolive Company
NYSE:CL
CL Rankings
CL Stock Data
76.20B
773.83M
0.1%
83.96%
1.43%
Soap and Other Detergent Manufacturing
Manufacturing
United States of America
NEW YORK
About CL
every day, millions of consumers around the world trust our products to care for themselves and the ones they love. colgate-palmolive is a global company serving people in over 200 countries and territories with consumer products that make their lives healthier and more enjoyable. colgate manufactures and markets oral care, personal care, home care and pet nutrition products under such internationally recognized brand names as colgate, palmolive, speed stick, lady speed stick, softsoap, irish spring, protex, sorriso, kolynos, elmex, tom’s of maine, sanex, ajax, axion, fabuloso, soupline and suavitel, as well as hill’s science diet, hill’s prescription diet and hill’s ideal balance. follow @cp_news on twitter for news about colgate-palmolive: https://twitter.com/cp_news for information about joining our team, visit https://jobs.colgate.com/ and stay connected at: http://facebook.com/colgatepalmolivejobs https://twitter.com/colgatecareers