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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.

News

Colgate-Palmolive Webcasts Presentation at The Consumer Analyst Group of New York Conference

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Colgate-Palmolive (NYSE:CL) Chairman, President and CEO, Noel Wallace, and Chief Analytics and Insights Officer, Diana Schildhouse, will present at the Consumer Analyst Group of New York Conference on February 23, 2024. The company is focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries and territories. Colgate is known for its sustainability efforts, decreasing plastic waste, promoting recyclability, water conservation, and improving children's oral health through the Colgate Bright Smiles, Bright Futures program.
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TOM'S OF MAINE ANNOUNCES YEAR-TWO MEMBERS OF ITS AWARD-WINNING INCUBATOR PROGRAM

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Tom's of Maine announces the year two winners of its Incubator program, recognizing five leaders in sustainable farming, climate change, and environmental justice. The brand distributed $100,000 among these changemakers to help scale their environmental solutions for the greater good. Each Incubator Member has been awarded $20,000 in funding, in addition to access to expert mentors, collaboration opportunities, and significant backing from Tom's of Maine to amplify their message and increase engagement with their environmental initiatives.
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Colgate Announces 4th Quarter and Full Year 2023 Results

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Colgate-Palmolive Company (NYSE:CL) reported a 7.0% increase in net sales and organic sales for the fourth quarter and an 8.5% increase for the full year 2023. The company's Chairman, President, and CEO expressed satisfaction with the strong top and bottom line results, including growth in net and organic sales, improved organic volume performance, and increased earnings per share. The company also saw growth in gross profit margin, operating profit margin, net income, and free cash flow. Full-year total net sales were $19,457 million, with a 30% increase in GAAP EPS to $2.77. Base Business EPS increased 9% to $3.23. Colgate-Palmolive also provided guidance for 2024, expecting net sales growth to be 1% to 4%, including a low-single-digit negative impact from foreign exchange, and organic sales growth within the 3% to 5% targeted range. The company anticipates gross profit margin expansion, increased advertising investment, and double-digit earnings-per-share growth on a GAAP basis, and mid to high-single-digit earnings-per-share growth on a non-GAAP basis.
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Colgate-Palmolive Webcasts 2023 Fourth Quarter & Full Year Earnings Conference Call January 26, 2024 – 8:30 a.m. ET

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Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its 2023 fourth quarter and full year earnings conference call on January 26, 2024. The call will feature Chairman, President, and CEO Noel Wallace, CFO Stan Sutula, and Chief Investor Relations Officer and SVP, M&A John Faucher. The company will release its prepared materials in PDF format on its website and provide access to the live audio webcast for investors. Colgate-Palmolive is a global company focused on oral care, personal care, home care, and pet nutrition, operating in over 200 countries under various well-known brands. The company is committed to sustainability, community well-being, and promoting children's oral health through its Colgate Bright Smiles, Bright Futures program.
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Colgate Declares Regular Quarterly Dividend

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Colgate-Palmolive Company (NYSE:CL) declared a quarterly cash dividend of $0.48 per common share, payable on February 15, 2024, to shareholders of record on January 22, 2024. The company has paid uninterrupted dividends on its common stock since 1895. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries and territories under various brands. The company is known for its leadership in promoting sustainability and community wellbeing, as well as its achievements in decreasing plastic waste, promoting recyclability, and improving children's oral health through the Colgate Bright Smiles, Bright Futures program.
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Colgate-Palmolive Webcasts Fireside Chat at the Morgan Stanley Global Consumer & Retail Conference

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Colgate-Palmolive (NYSE:CL) Group President and CFO to participate in fireside chat at Morgan Stanley Global Consumer & Retail Conference. The fireside chat will be available via live webcast on Colgate's website. Colgate-Palmolive is a global company focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries under various brands.
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Colgate Announces 3rd Quarter 2023 Results

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Colgate-Palmolive reports strong Q3 2023 results with net sales increasing 10.5% and organic sales growing 9.0%. Gross profit margin and operating profit also saw improvements. The company raised its financial guidance for full year 2023.
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Colgate-Palmolive Webcasts 2023 Third Quarter Earnings Conference Call October 27, 2023 – 8:30 a.m. ET

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Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2023 third quarter earnings conference call on October 27, 2023, at 8:30 a.m. ET.
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TOM'S OF MAINE LAUNCHES SECOND YEAR OF INCUBATOR PROGRAM TO ELEVATE THE NEXT GENERATION OF ENVIRONMENTAL CHANGEMAKERS

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Tom's of Maine announces second annual Incubator program for underrepresented leaders in climate movement
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Colgate-Palmolive Continues to Accelerate Action Towards Goal of Net Zero Carbon Emissions

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Colgate-Palmolive signs a 20-year virtual power purchase agreement for a solar energy farm in Texas, expected to produce 100% of the company's U.S.-based operational electricity needs. The project is part of Colgate's efforts to achieve Net Zero carbon emissions by 2040 and 100% renewable electricity by 2030.
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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 $94.92 as of November 22, 2024.

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

The market cap of Colgate-Palmolive Company (CL) is approximately 77.3B.

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.

Stock CL logo
Colgate-Palmolive Company

NYSE:CL

CL Rankings

#180 Ranked by Market Cap
#1321 Ranked by Dividends

CL Stock Data

77.30B
815.95M
0.12%
85.32%
1.28%
Household & Personal Products
Perfumes, Cosmetics & Other Toilet Preparations
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