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Colgate-Palmolive Company - CL STOCK NEWS

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.

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.

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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.

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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.

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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%.

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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.

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Colgate-Palmolive (NYSE:CL) has announced that Maria Paula Capuzzo, President of Africa/Eurasia, and John Faucher, Chief Investor Relations Officer and EVP of M&A, will participate in a fireside chat at the J.P. Morgan 15th Annual U.S. All Stars Conference in London. The event is scheduled for September 17, 2024, at 6:00 a.m. ET. Investors can access a live webcast of the chat on Colgate's website, with a recorded version available later through the Investor Center page.

Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition. The company sells products in over 200 countries under various brands and is recognized for its sustainability efforts and community wellbeing initiatives, including the Colgate Bright Smiles, Bright Futures program.

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Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.50 per common share, payable on November 15, 2024, to shareholders of record on October 18, 2024. This continues the company's impressive streak of uninterrupted dividends since 1895. Colgate-Palmolive is a global leader in Oral Care, Personal Care, Home Care, and Pet Nutrition, with products sold in over 200 countries under various well-known brands. The company is recognized for its commitment to sustainability and community wellbeing, including efforts to reduce plastic waste, promote recyclability, and improve children's oral health through its Bright Smiles, Bright Futures program.

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Colgate-Palmolive (NYSE:CL) has announced that its Chairman, President and CEO, Noel Wallace, will present at the Barclays 2024 Global Consumer Staples Conference on September 4, 2024 at 10:30 a.m. ET. Investors can access a live webcast and presentation slides on Colgate's website. A recorded version will be available later for those unable to attend live.

Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition. It operates in over 200 countries under various well-known brands. The company is recognized for its sustainability efforts, including reducing plastic waste and promoting recyclability. Their Colgate Bright Smiles, Bright Futures program has reached approximately 1.7 billion children and families since 1991.

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Colgate-Palmolive (NYSE:CL) reported strong Q2 2024 results, with net sales up 4.9% and organic sales growth of 9.0%. Key highlights:

- GAAP EPS increased 48% to $0.89; Base Business EPS up 18% to $0.91
- Gross profit margin expanded 280 basis points to 60.6%
- Global market share: 41.5% in toothpaste, 32.2% in manual toothbrushes
- All operating divisions delivered positive volume growth
- Advertising investment increased 18%

The company raised its 2024 organic sales growth guidance to 6-8% and increased Base Business EPS growth guidance to 8-11%. Management expressed confidence in executing strategies to deliver on increased expectations, drive cash flow, and generate consistent earnings growth.

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Colgate-Palmolive Company (NYSE:CL) announced that it will webcast its 2024 second quarter earnings conference call on July 26, 2024, at 8:30 a.m. ET. The call will feature insights from Chairman, President, and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher. Previously prepared materials regarding the results will be available on their investor website at 7:00 a.m. ET the same day. A replay of the webcast will also be accessible through the Investor Center section on Colgate's website.

Colgate-Palmolive is recognized for its leadership in sustainability and community wellbeing, offering products in over 200 countries under various brands including Colgate, Palmolive, and Hill's Science Diet.

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The Board of Directors of Colgate-Palmolive (NYSE: CL) declared a quarterly cash dividend of $0.50 per common share. This dividend is payable on August 15, 2024, to shareholders of record as of July 19, 2024. Colgate-Palmolive has consistently paid dividends since 1895.

Colgate-Palmolive operates in over 200 countries, focusing on Oral, Personal, Home Care, and Pet Nutrition products. Its brands include Colgate, Palmolive, Hill’s Science Diet, and many more. The company is committed to sustainability and community well-being, as demonstrated by its efforts in reducing plastic waste, conserving water, and improving children's oral health.

For more details, visit their official website or refer to the press release on BusinessWire.

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FAQ

What is the current stock price of Colgate-Palmolive Company (CL)?

The current stock price of Colgate-Palmolive Company (CL) is $93.91 as of November 20, 2024.

What is the market cap of Colgate-Palmolive Company (CL)?

The market cap of Colgate-Palmolive Company (CL) is approximately 76.7B.

What products does Colgate-Palmolive manufacture?

Colgate-Palmolive manufactures oral care, personal care, home care, and pet nutrition products under brands like Colgate, Palmolive, Speed Stick, Softsoap, and Hill's Science Diet.

Where are Colgate-Palmolive products sold?

Colgate-Palmolive products are sold in over 200 countries and territories worldwide.

What percentage of Colgate-Palmolive’s sales come from international markets?

Approximately 70% of Colgate-Palmolive’s sales come from international markets, with about 45% from emerging regions.

What is the Tom's of Maine Incubator program?

The Tom's of Maine Incubator program supports young leaders focused on sustainable farming, climate change, and environmental justice by providing funding and mentorship.

How does Colgate-Palmolive support sustainability?

Colgate-Palmolive supports sustainability through various initiatives, including the Tom's of Maine Incubator program and continuous efforts in environmental stewardship and social responsibility.

How can I stay updated on Colgate-Palmolive news?

You can follow Colgate-Palmolive on Twitter at @cp_news for the latest updates.

Where can I find career opportunities at Colgate-Palmolive?

Career opportunities at Colgate-Palmolive can be found on their website at https://jobs.colgate.com/.

What is the financial performance of Colgate-Palmolive?

Colgate-Palmolive has demonstrated strong financial performance with robust sales growth, driven by its diverse product lines and extensive global reach.

What are some of the key brands under Colgate-Palmolive?

Key brands under Colgate-Palmolive include Colgate, Palmolive, Speed Stick, Softsoap, Irish Spring, Ajax, and Hill's Science Diet.

What is Colgate-Palmolive’s commitment to social responsibility?

Colgate-Palmolive is committed to social responsibility by engaging in philanthropy, improving oral health and hygiene, and supporting wellness initiatives globally.

Colgate-Palmolive Company

NYSE:CL

CL Rankings

CL Stock Data

76.74B
815.95M
0.12%
85.32%
1.28%
Household & Personal Products
Perfumes, Cosmetics & Other Toilet Preparations
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United States of America
NEW YORK