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.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) declared a quarterly cash dividend of $0.45 per common share, payable on November 15, 2021, to shareholders of record as of October 21, 2021. This marks the company's commitment to returning value to shareholders, reflecting its stable financial position. Colgate-Palmolive has maintained uninterrupted dividend payments since 1895, showcasing a long-standing tradition of rewarding its investors.
Colgate-Palmolive (NYSE:CL) CEO Noel Wallace will attend a virtual fireside chat at the Barclays 2021 Global Consumer Staples Conference on September 8, 2021, at 9:20 am ET. Investors can access a live webcast on Colgate's website, with a recorded version available later. Colgate-Palmolive is dedicated to sustainable growth in Oral Care, Personal Care, Home Care, and Pet Nutrition, reaching over 200 markets with brands like Colgate and Palmolive. The company is recognized for its environmental sustainability initiatives and community health programs.
Colgate-Palmolive Company (NYSE:CL) reported a 9.5% increase in net sales and 5.0% organic sales growth for Q2 2021. On a GAAP basis, EPS grew 12% to $0.83. Despite an 80 basis point decline in gross profit margin to 60.0%, net cash provided by operations reached $1,225 million. The company continues to lead in global toothpaste and manual toothbrush markets with 39.3% and 30.8% market share respectively. Colgate expects full-year net sales growth of 4% to 7%, despite ongoing cost headwinds due to raw materials and logistics.
Colgate received an unsolicited mini-tender offer from TRC Capital to acquire 1.5 million shares at $80.63 each, a 4.46% discount compared to its last closing price of $84.39 as of July 16, 2021. Colgate advises shareholders against accepting the offer due to the lower price and various conditions attached, including TRC's financing. The company emphasizes that they are not associated with TRC and urges investors to verify current market prices and consult with financial advisors before making decisions.
Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its Q2 2021 earnings call on July 30, 2021, at 8:30 a.m. ET, led by CEO Noel Wallace and Chief Investor Relations Officer John Faucher. Investors can access the call on Colgate's website, with a recording available later for those unable to attend live. Colgate is committed to sustainability and innovation, promoting healthier futures through its extensive range of products sold in over 200 countries. The company has made significant strides in environmental initiatives and oral health programs.
Hill's Pet Nutrition plans to invest over $250 million in a new factory in Tonganoxie, Kansas, creating 80 jobs by 2025. This facility, designed to meet rising demand for its products, will be strategically located in an area known for its strong animal health industry. Expected construction start is later this year, with completion aimed for 2023. The plant will follow sustainability practices, aiming for TRUE® certification for zero waste. This investment marks a significant milestone for Leavenworth County and reinforces Hill's longstanding presence in Kansas.
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.
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