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 Company (NYSE:CL) reported solid financial results for Q4 and full year 2022, with net sales increasing by 5.0% in the fourth quarter and 3.0% for the full year. Organic sales growth reached 8.5% in Q4 and 7.0% for the year, demonstrating resilience despite challenging economic conditions. However, GAAP EPS fell 16% to $2.13, primarily due to impairment charges in its Filorga skin health business. The company anticipates net sales growth of 2% to 5% for 2023, driven by ongoing investments in innovation and digital transformation.
Colgate-Palmolive Company (NYSE:CL) has announced a live webcast for its 2022 fourth quarter and year-end earnings conference call, scheduled for January 27, 2023, at 8:30 a.m. ET. The call will feature key executives, including the Chairman and CEO, Noel Wallace, and CFO, Stan Sutula. Investors can access the prepared materials by 7:00 a.m. ET on the company's website, ensuring timely updates on their financial performance. Colgate-Palmolive operates globally under leading brands across multiple segments, focusing on sustainable practices and community wellbeing.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of
Tom's of Maine has announced the 2022 winners of its Incubator program, funding five young environmental leaders with $20,000 each. The recipients are Aliyah Collins, Wawa Gatheru, Alexia Leclercq, Bodhi Patil, and Sanjana Paul. This initiative, aimed at supporting BIPOC climate leaders, includes mentorship and collaboration opportunities. Additionally, the company has revised its sustainability goals, showcased in the 2022 Goodness Report. This program emphasizes Tom's commitment to diversity, equity, and effective environmental solutions.
Colgate-Palmolive Company (NYSE: CL) has appointed Lorrie Norrington as Lead Independent Director effective March 1, 2023, succeeding Stephen I. Sadove. Norrington, who joined the Board in September 2015, has significant experience in global corporate leadership, digital, e-commerce, and ESG, having held senior roles at eBay and other companies. CEO Noel Wallace expressed confidence in Norrington's capabilities to drive the company’s growth strategy and digital transformation. Sadove will continue to serve on the Audit and Personnel and Organization Committees.
Colgate-Palmolive (NYSE:CL) will participate in the Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, at 1:45 p.m. ET. Key executives, including Group President Panagiotis Tsourapas and CFO Stan Sutula, will engage in a fireside chat. Investors can access a live webcast through Colgate's website, with a recorded version available later for those unable to attend. Colgate-Palmolive focuses on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries under well-known brands such as Colgate, Palmolive, and Hill's Science Diet.
Colgate-Palmolive Company (NYSE:CL) reported a 1.0% increase in net sales, with organic sales up 7.0% across all divisions for Q3 2022. However, GAAP earnings per share (EPS) fell 1% to $0.74, and base business EPS dropped 9%, attributed to foreign exchange losses. Gross profit margins decreased by 220 basis points to 57.2%. Despite rising raw material costs, the company maintained leadership in toothpaste and manual toothbrushes, holding 39.7% and 31.6% market shares respectively. Guidance for 2022 predicts net sales growth within 1% to 4%, dampened by foreign exchange effects.
Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its Q3 2022 earnings conference call on October 28, 2022, at 8:30 a.m. ET. The call will feature key executives, including CEO Noel Wallace and CFO Stan Sutula. Prepared materials will be available at 7:00 a.m. ET on the company's website. Colgate-Palmolive sells products across various categories such as Oral Care and Home Care in over 200 countries, promoting sustainability and community well-being initiatives, including dental health programs that have benefited over 1.4 billion children.
Tom's of Maine has launched its inaugural Incubator initiative to support BIPOC leaders in environmental solutions, offering $20,000 in funding to five selected changemakers. The seven-month program encourages young voices to engage in climate change discussions, emphasizing representation in the movement. Applications are open from September 28 to October 19, 2022, with winners announced in November 2022. The initiative aligns with Tom's of Maine's commitment to sustainability and community support, as articulated by General Manager Cristiane Martini.
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