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.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of $0.45 per common share, to be paid on August 16, 2021, to shareholders on record as of July 21, 2021. The company boasts a continuous dividend payment history since 1895.
Colgate-Palmolive emphasizes innovation and sustainability, operating in over 200 countries with a wide product range in Oral Care, Personal Care, Home Care, and Pet Nutrition. Its initiatives include promoting environmental sustainability and community wellness.
Colgate-Palmolive (NYSE:CL) executives will engage in a virtual fireside chat at the Evercore ISI Virtual Consumer & Retail Summit on June 17, 2021, at 2:00 PM ET. Colgate’s Group President for Latin America, Asia Pacific, and Africa-Eurasia, Panagiotis Tsourapas, along with Chief Investor Relations Officer, John Faucher, will participate. Investors can access the live webcast on Colgate’s website, with a recorded version available afterward. Colgate is committed to sustainability and community health, reaching over 1.3 billion children through its Bright Smiles, Bright Futures program.
Colgate-Palmolive (NYSE:CL) will have its Chairman, President, and CEO, Noel Wallace, participate in a virtual fireside chat at the dbAccess Global Consumer Conference on June 9, 2021, at 11:00 a.m. ET. Investors can access the live webcast on Colgate’s website, with a recorded version available later for those unable to attend live. The company, known for its brands in Oral Care, Personal Care, Home Care, and Pet Nutrition, is committed to environmental sustainability and community well-being, having reached over 1.3 billion children through its oral health initiatives since 1991.
Colgate-Palmolive announced its first private sector oral care experiment to be launched to the ISS, sponsored by the ISS U.S. National Laboratory. The experiment aims to study oral bacteria growth in microgravity, potentially benefiting over half the world's population in oral health advancements within 5-10 years. Scheduled for SpaceX's CRS-22 mission, the research collaboration with UNLV will utilize microfluidic devices to simulate dental plaque effectively. This initiative marks the beginning of several planned space research projects for Colgate.
Colgate-Palmolive (NYSE:CL) will have its Chief Technology Officer, Patricia Verduin, and Chief Investor Relations Officer, John Faucher, participate in a virtual fireside chat at the Goldman Sachs Global Staples Forum on May 18, 2021, at 12:10 pm ET. Investors can access the live webcast through Colgate's website, with a recorded version available later for those unable to attend live. Colgate-Palmolive is recognized for its commitment to sustainability and community initiatives, focusing on Oral Care, Personal Care, Home Care, and Pet Nutrition.
Colgate-Palmolive Company (NYSE:CL) reported a 6.0% increase in net sales and a 5.0% growth in organic sales for Q1 2021. Despite a 4% decline in GAAP EPS to $0.80, Base Business EPS grew by 7%.
The company's gross profit margin improved by 50 basis points to 60.7%.
Notably, Colgate maintained its leadership in toothpaste with a 39.2% market share and in manual toothbrushes with a 30.6% share. The company reiterated its 2021 financial guidance, expecting a 4%-7% increase in net sales for the full year.
Colgate-Palmolive Company (NYSE:CL) will host its 2021 Annual Meeting of Stockholders on May 7, 2021, at 10:00 a.m. ET in a virtual format. The meeting will be led by Noel Wallace, Chairman, President, and CEO. Investors can access the live webcast starting at 9:30 a.m. ET at www.virtualshareholdermeeting.com/CL2021. A recorded version will be available on the company's website approximately 24 hours post-meeting.
Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its first quarter earnings conference call on April 30, 2021, at 8:30 a.m. ET. The call will feature Chairman, President, and CEO, Noel Wallace, alongside Chief Investor Relations Officer, John Faucher. Investors can access the webcast on Colgate's website, with a recorded version available later for those unable to participate live. The company is recognized for its innovative growth in Oral Care, Personal Care, Home Care, and Pet Nutrition, serving over 200 countries and territories.
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