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 (NYSE:CL) will present at the Consumer Analyst Group of New York Conference on February 24, 2023, at 8:00 am ET. The presentation will be led by Chairman, President and CEO Noel Wallace, alongside Vice President Marketing, Asia Pacific Division Yves Briantais. Investors can access the live webcast and presentation slides via Colgate's website. Colgate-Palmolive is focused on Oral Care, Personal Care, Home Care, and Pet Nutrition, operating in over 200 countries with well-known brands.
Over the past 21 years, the Give Kids A Smile (GKAS) program has provided free oral health education and services to more than seven million underserved children in the U.S. Launched in 2003, this year’s initiative includes nearly 1,200 events aimed at reaching an estimated 300,000 children. Approximately 30,000 dental professionals will volunteer, utilizing essential oral care products donated by national sponsors Colgate-Palmolive (NYSE: CL) and Henry Schein (NASDAQ: HSIC). Since 2007, Colgate has exclusively supported GKAS, while Henry Schein has contributed over $20 million in products, ensuring access to quality dental care for children in need.
Colgate-Palmolive Company has appointed Steve Cahillane, Chairman and CEO of Kellogg Company, to its Board of Directors, effective February 1, 2023. With extensive experience in consumer products and health industries, Cahillane aims to bolster Colgate’s growth across its divisions. Prior to Kellogg, he led The Nature’s Bounty Company and had a significant tenure at The Coca-Cola Company. Colgate’s Chairman, Noel Wallace, expressed enthusiasm for Cahillane's contributions to drive growth opportunities. Colgate operates globally, focusing on oral, personal, home care, and pet nutrition, selling products in over 200 countries.
Colgate-Palmolive Company (NYSE:CL) reported solid financial results for Q4 and full year 2022, with net sales increasing by 5.0% in the fourth quarter and 3.0% for the full year. Organic sales growth reached 8.5% in Q4 and 7.0% for the year, demonstrating resilience despite challenging economic conditions. However, GAAP EPS fell 16% to $2.13, primarily due to impairment charges in its Filorga skin health business. The company anticipates net sales growth of 2% to 5% for 2023, driven by ongoing investments in innovation and digital transformation.
Colgate-Palmolive Company (NYSE:CL) has announced a live webcast for its 2022 fourth quarter and year-end earnings conference call, scheduled for January 27, 2023, at 8:30 a.m. ET. The call will feature key executives, including the Chairman and CEO, Noel Wallace, and CFO, Stan Sutula. Investors can access the prepared materials by 7:00 a.m. ET on the company's website, ensuring timely updates on their financial performance. Colgate-Palmolive operates globally under leading brands across multiple segments, focusing on sustainable practices and community wellbeing.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) has declared a quarterly cash dividend of
Tom's of Maine has announced the 2022 winners of its Incubator program, funding five young environmental leaders with $20,000 each. The recipients are Aliyah Collins, Wawa Gatheru, Alexia Leclercq, Bodhi Patil, and Sanjana Paul. This initiative, aimed at supporting BIPOC climate leaders, includes mentorship and collaboration opportunities. Additionally, the company has revised its sustainability goals, showcased in the 2022 Goodness Report. This program emphasizes Tom's commitment to diversity, equity, and effective environmental solutions.
Colgate-Palmolive Company (NYSE: CL) has appointed Lorrie Norrington as Lead Independent Director effective March 1, 2023, succeeding Stephen I. Sadove. Norrington, who joined the Board in September 2015, has significant experience in global corporate leadership, digital, e-commerce, and ESG, having held senior roles at eBay and other companies. CEO Noel Wallace expressed confidence in Norrington's capabilities to drive the company’s growth strategy and digital transformation. Sadove will continue to serve on the Audit and Personnel and Organization Committees.
Colgate-Palmolive (NYSE:CL) will participate in the Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, at 1:45 p.m. ET. Key executives, including Group President Panagiotis Tsourapas and CFO Stan Sutula, will engage in a fireside chat. Investors can access a live webcast through Colgate's website, with a recorded version available later for those unable to attend. Colgate-Palmolive focuses on Oral Care, Personal Care, Home Care, and Pet Nutrition, selling products in over 200 countries under well-known brands such as Colgate, Palmolive, and Hill's Science Diet.
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