Colgate-Palmolive Aktie News

Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on Friday, banking on resilient demand for its highly priced self-care and pet nutrition products.

The consumer products company lifts its net sales growth guidance for the year to 2% to 5%.

Colgate-Palmolive Co.'s stock CL, +0.47% rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance. The company had net income of $683 million, or 83 cents a share, for the first quarter, up from $372 million, or 45 cents a share, in the year-earlier period.

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL): Net sales increased 6.2%; Organic sales* increased 9.8% GAAP EPS increased 84% to $0.83; Base Business EPS* increased 18% to $0.86 GAAP Gross profit margin and Base Business Gross profit margin* increased 310 basis points to 60.0% Net cash provided by operations was $681 million for the first three months of 2024 Colgate's leadersh...

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