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 Company (NYSE:CL) has declared a quarterly cash dividend of $0.45 per common share, payable on February 15, 2022, to shareholders on record as of January 24, 2022. The company has consistently paid dividends since 1895, reflecting its commitment to returning value to shareholders. Colgate-Palmolive operates globally, focusing on oral, personal, and home care products while emphasizing sustainability initiatives that have positively impacted over 1.3 billion children through its community health programs.
Colgate-Palmolive has announced the winners of the first global pitch competition, the Colgate Connect Challenge, aimed at startups innovating for healthier futures. Six finalists pitched ideas on quantified health, smart packaging, and solutions for underserved populations. Three winners were awarded cash prizes: Dermala won $20,000 for personalized skin health solutions, SkinDNA received $15,000 for its skin microbiome wearable patch, and Gennev earned $10,000 for menopause support products. The competition highlights Colgate's commitment to innovation and collaboration.
Colgate-Palmolive (NYSE:CL) announced that John Faucher, Chief Investor Relations Officer, will engage in a virtual fireside chat at the Citi Global Consumer Conference on December 8, 2021, at 11:00 a.m. ET. Investors can access a live webcast on Colgate's website, with a recorded version available afterward.
The company, recognized for its commitment to sustainability and innovation, operates in more than 200 countries, offering products in Oral Care, Personal Care, Home Care, and Pet Nutrition under well-known brands.
Colgate-Palmolive (NYSE:CL) announced participation in a virtual fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 1, 2021, at 11:00 a.m. ET. Company executives, including Group President Panagiotis Tsourapas and CFO Stan Sutula, will present insights into Colgate’s innovative growth strategies focused on Oral Care, Personal Care, Home Care, and Pet Nutrition. Investors can access the live webcast via Colgate’s website, with a recorded version available afterward.
Colgate-Palmolive Company (NYSE:CL) reported a 6.5% increase in net sales and a 4.5% growth in organic sales for Q3 2021, although EPS declined 7% on a GAAP basis to $0.75. The company's gross profit margin decreased by 180 basis points to 59.4%. Colgate maintains its leadership in toothpaste with a 39.5% global market share. Full-year guidance predicts net sales to rise 4% to 7% including foreign exchange benefits, while organic sales are expected to grow 3% to 5%.
Challenges include rising raw material costs and ongoing uncertainties due to COVID-19.
This National Dental Hygiene Month, Colgate-Palmolive highlights its global research indicating the detrimental effects of dental cavities on children and parents. Surveying over 20,000 parents across 12 countries, it found that 62% of U.S. children suffer from cavities, leading to missed school days and impacting parents' work. The CDC reports that 51 million school hours and over 164 million work hours are lost annually due to oral health issues. Colgate emphasizes the urgent need for oral health education to combat this public health crisis.
Colgate-Palmolive Company (NYSE:CL) will host its third quarter earnings conference call on Friday, October 29, 2021, at 8:30 a.m. ET. The call will be led by Chairman and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer John Faucher. Interested investors can access the live webcast on Colgate's website. A recorded version will also be available afterward. Colgate continues to focus on sustainability and community engagement, promoting initiatives like the Bright Smiles, Bright Futures program that has reached over 1.3 billion children globally.
Emerson is partnering with Colgate-Palmolive to enhance energy efficiency in packaging operations, aiming for net zero carbon emissions by 2040. Utilizing Emerson's advanced sensor technologies, Colgate has achieved a 15% reduction in energy consumption across its toothpaste and toothbrush packaging lines. The collaboration integrates IIoT-enabled software to optimize pneumatic processes, and further energy savings are anticipated as the technology expands.
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