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 Company (NYSE: CL) is a globally recognized leader in the consumer products industry, serving millions of consumers in over 200 countries and territories. Founded in 1806, the company has grown significantly to become a major player in the oral care, personal care, home care, and pet nutrition sectors.
Colgate-Palmolive’s product portfolio includes some of the world’s most trusted brands such as Colgate, Palmolive, Speed Stick, Softsoap, Irish Spring, Ajax, and Hill's Science Diet. These products are designed to make daily life healthier and more enjoyable for consumers. The company’s operations are notably strong internationally, with approximately 70% of its sales coming from international markets, including about 45% from emerging regions.
With a strong commitment to sustainability and social responsibility, Colgate-Palmolive actively supports environmental and wellness initiatives. The company engages in various philanthropic activities and has partnerships aimed at improving oral health, hygiene, and pet care globally.
Recent achievements include the expansion of its Tom's of Maine Incubator program, which supports young leaders focused on sustainable farming, climate change, and environmental justice. The program, now in its second year, has awarded $100,000 to five new changemakers, providing them with funding and mentorship to scale their impactful work.
Financially, Colgate-Palmolive continues to demonstrate strong performance with robust sales growth driven by its diverse product lines and extensive global reach. The company is well-positioned to adapt to market changes and sustain its leadership in the consumer goods sector.
For the latest updates, you can follow the company on Twitter at @cp_news. For those interested in career opportunities, visit Colgate Careers and stay connected via their social media platforms on Facebook and Twitter.
Colgate-Palmolive (NYSE:CL) has announced an agreement to acquire Care TopCo Pty , owner of the Prime100 pet food brand in Australia. The acquisition will provide Hill's Pet Nutrition division entry into the fast-growing fresh pet food category while strengthening its presence in the Australian market.
Prime100, launched in 2014 and based in Melbourne, is a leading fresh pet food brand offering refrigerated and shelf-stable products. The brand is known for its science-backed product lines and veterinary endorsement. The transaction will be financed through debt and cash, with closing expected in the second quarter of 2025, subject to Australian regulatory approval.
The acquisition aligns with Colgate's growth strategy of investing in faster-growing product segments adjacent to core categories. The company states the transaction is not expected to have a material impact on diluted earnings per share in 2025.
Give Kids A Smile (GKAS) program is celebrating its 23rd year of providing free oral healthcare to underserved children, with its 2025 national kick-off event at Meharry Medical College School of Dentistry. Since 2003, GKAS volunteers have served over 9.5 million children in the U.S.
In 2025, nearly 1,100 GKAS events are scheduled nationwide, expecting to serve approximately 325,500 underserved children through free oral health education, screenings, and preventive services. About 25,000 dental professionals will volunteer, supported by donations from Henry Schein (HSIC) and Colgate-Palmolive.
Henry Schein has contributed over $20 million in oral health care products since the program's inception. The initiative addresses a critical need, as CDC data shows 50% of children aged 6-9 years have had cavities, with lower-income children being twice as likely to have untreated cavities compared to higher-income households.
Colgate-Palmolive (NYSE:CL) has announced that Chairman, President and CEO Noel Wallace, along with EVP and General Manager of India, Prabha Narasimhan, will present at the Consumer Analyst Group of New York Conference on February 21, 2025, at 8:00 am ET.
The presentation will be accessible through a live webcast on Colgate's website, with slides available for viewing. A recorded version will be made available afterward through the company's Investor Center page.
Colgate-Palmolive operates in over 200 countries across Oral Care, Personal Care, Home Care, and Pet Nutrition segments. The company's portfolio includes prominent brands such as Colgate, Palmolive, elmex, Tom's of Maine, and Hill's Science Diet. Their Colgate Bright Smiles, Bright Futures program has reached approximately 1.8 billion children and families since 1991.
Colgate-Palmolive (NYSE:CL) reported strong financial results for Q4 and full year 2024. The company achieved a milestone by surpassing $20 billion in net sales for the first time, with a 3.3% increase in net sales and 7.4% growth in organic sales for the full year.
Full-year GAAP EPS increased 27% to $3.51, while Base Business EPS grew 11% to $3.60. The company generated $4,107 million in operating cash flow, up 10% from 2023, and returned $3.4 billion to shareholders through dividends and share repurchases.
For Q4 2024, net sales slightly decreased by 0.1%, but organic sales grew 4.3%. GAAP EPS increased 3% to $0.90, and Base Business EPS rose 5% to $0.91. The company maintained strong market leadership with a 41.4% global market share in toothpaste and 32.2% in manual toothbrushes.
For 2025, Colgate expects organic sales growth of 3-5% and mid-single-digit earnings-per-share growth on a GAAP basis, despite anticipating flat net sales due to foreign exchange impacts.
Colgate-Palmolive (NYSE:CL) has announced its upcoming 2024 fourth quarter and full year earnings conference call, scheduled for Friday, January 31, 2025, at 8:30 a.m. ET. The call will be led by Chairman, President and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher.
The company will release its prepared materials in PDF format at approximately 7:00 a.m. ET on the same day, available through the Investor Center section of their website. A live audio webcast will be accessible on Colgate's website, with a recorded version made available afterward for those unable to attend.
Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.50 per common share, payable on February 14, 2025, to shareholders of record on January 21, 2025. The company has maintained an uninterrupted dividend payment history since 1895.
Colgate-Palmolive operates in Oral Care, Personal Care, Home Care, and Pet Nutrition sectors, selling products in over 200 countries under various brands including Colgate, Palmolive, elmex, Hill's Science Diet, and others. The company is known for its sustainability initiatives, including efforts to reduce plastic waste, promote recyclability, and improve children's oral health through the Colgate Bright Smiles, Bright Futures program, which has reached about 1.7 billion children and families since 1991.
Colgate-Palmolive (NYSE:CL) announced that Group President, Europe and Developing Markets, Panagiotis Tsourapas and CFO Stan Sutula will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 3, 2024, at 11:45 a.m. ET. The event will be available via live webcast on the company's website, with a recorded version accessible afterward through the Investor Center page.
Colgate-Palmolive (NYSE:CL) has opened registration for the 49th season of Colgate Women's Games, the nation's longest-running indoor Track & Field series for girls and women. The competition returns to indoor format at The Nike Track & Field Center at The Armory in New York City, running from December 29 through February 1. Over 100 academic scholarships worth $2,000, $1,000, and $500 will be awarded to top performers. The series includes Preliminary Meets, Semi-Finals, and Finals, with registration closing on January 5, 2025. Competitors will receive complimentary care packages including Colgate-Palmolive health products.
Colgate-Palmolive reported strong Q3 2024 results with net sales increasing 2.4% to $5,033 million and organic sales growing 6.8%. GAAP EPS rose 5% to $0.90, while Base Business EPS increased 6% to $0.91. The company maintained its global leadership with 41.6% market share in toothpaste and 32.3% in manual toothbrushes. Gross profit margin expanded 260 basis points to 61.1%. Based on these results, Colgate updated its 2024 guidance, now expecting net sales growth of 3-5% and organic sales growth of 7-8%, with earnings per share growth projected at 10-11%.
Colgate-Palmolive Company (NYSE:CL) has announced it will provide a live webcast of its 2024 third quarter earnings conference call on Friday, October 25, 2024, at 8:30 a.m. ET. The call will be hosted by key executives including CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher. Prepared materials regarding the Q3 results will be posted on the company's Investor Center website at approximately 7:00 a.m. ET.
Investors can access the live audio webcast on Colgate's website, and a recorded version will be available later for those unable to attend. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries under various well-known brands.
FAQ
What is the current stock price of Colgate Palmolive Co (CL)?
What is the market cap of Colgate Palmolive Co (CL)?
What products does Colgate-Palmolive manufacture?
Where are Colgate-Palmolive products sold?
What percentage of Colgate-Palmolive’s sales come from international markets?
What is the Tom's of Maine Incubator program?
How does Colgate-Palmolive support sustainability?
How can I stay updated on Colgate-Palmolive news?
Where can I find career opportunities at Colgate-Palmolive?
What is the financial performance of Colgate-Palmolive?
What are some of the key brands under Colgate-Palmolive?
What is Colgate-Palmolive’s commitment to social responsibility?
