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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.

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Colgate-Palmolive (NYSE:CL) has announced the commencement of the Colgate Women’s Games, the longest-running Track & Field series for girls, now in its 47th season. This year’s event, postponed in 2021 due to health concerns, will take place outdoors, prioritizing athlete safety with medical guidelines. Registration opens on March 1, 2022, with scholarships totaling over $100,000 available for participants. The series aims to empower young women through athletics and education.

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Colgate-Palmolive Company (NYSE:CL) reported a 6.0% increase in net sales for the full year 2021, with organic sales up 4.5%. For Q4 2021, net sales rose 2.0%, and organic sales increased by 3.0%. However, GAAP EPS fell 19% to $2.55, largely due to impairment charges linked to the Filorga business, while Base Business EPS grew 5% to $3.21. The company initiated a Global Productivity Initiative aimed at reallocating resources and achieving annual pre-tax savings of $90 to $110 million. 2022 guidance anticipates net sales growth of 1% to 4%, with a focus on maintaining profitability amid rising costs.

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Colgate-Palmolive is collaborating with 3Shape to launch the Colgate Illuminator, a personalized teeth whitening tool for dental clinics in the U.S. This innovative software utilizes evidence-based algorithms to help dentists provide patients with a predictive visualization of potential whitening outcomes using the Colgate Optic White Professional product. The technology aims to enhance patient experiences and alleviate anxiety around whitening treatments.

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Colgate-Palmolive Company (NYSE:CL) will host a live webcast of its fourth quarter and year-end earnings conference call on January 28, 2022, at 8:30 a.m. ET. Key executives including CEO Noel Wallace and CFO Stan Sutula will present. Investors can access the live event via the company's website, with a recorded version available afterward. Colgate-Palmolive focuses on products in Oral Care, Personal Care, Home Care, and Pet Nutrition, serving over 200 countries with well-known brands such as Colgate and Palmolive.

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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.

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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.

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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.

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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.

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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.

Colgate-Palmolive Company

NYSE:CL

CL Rankings

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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United States of America
NEW YORK