Release Date: April 26, 2024For the complete transcript of the earnings call, please refer to the full earnings call transcript. Q & A Highlights Q: Can you expand on where the upside in organic growth guidance is coming from versus your prior expectations? A: Noel R. Wallace – Chairman, CEO & President: The upside is largely due to balanced organic sales growth, with strong pricing across the board and share growth globally. This includes volume growth despite headwinds and robust…
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Category: Colgate Palmolive
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Colgate-Palmolive First Quarter 2024 Earnings: Beats Expectations
Colgate-Palmolive (NYSE:CL) First Quarter 2024 ResultsKey Financial ResultsRevenue: US$5.07b (up 6.2% from 1Q 2023).Net income: US$683.0m (up 84% from 1Q 2023).Profit margin: 14% (up from 7.8% in 1Q 2023).EPS: US$0.83 (up from US$0.45 in 1Q 2023).earnings-and-revenue-growthAll figures shown in the chart above are for the trailing 12 month (TTM) periodColgate-Palmolive Revenues and Earnings Beat ExpectationsRevenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed…
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Source: https://finance.yahoo.com/news/colgate-palmolive-first-quarter-2024-135129464.html
Notable Key Takeaways of Colgate-Palmolive Co. (CL) Financial Quarterly Update
Colgate-Palmolive Company’s strong performance in Asia Pacific, driven by India, the Philippines, and Australia, offset declines in Greater China. Operating profit in Asia Pacific rose due to increased gross profit from cost savings and pricing, despite higher expenses. Management focuses on funding-the-growth initiatives to lower costs and improve efficiency. Key risks include geopolitical events and market challenges. CL prioritizes sustainability and…
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Colgate Stock Up on Q1 Earnings & Sales Beat, Raised View By Benzinga
Benzinga – by Zacks, Benzinga Contributor.Colgate-Palmolive Company (NYSE: CL) has reported first-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results have benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansions. Notably, the company delivered double-digit growth in operating profit, net income and earnings per share for the third consecutive…
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Jim Cramer’s quick thoughts on Chevron, Snap, Intel, AbbVie and Colgate
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Chevron : The oil giant beat on quarterly earnings but missed on revenue. “Maybe this is a chance to buy some oil,” Jim Cramer said Friday. “I’ve been itching to buy Devon ” again for the CNBC Investing Club portfolio . Cramer thought Chevron shares should be higher, not lower Friday. Snap : The social media company reported a much better-than-expected quarter with higher revenue and active…
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LAMEA Manual Toothbrush Market Share & Trends Analysis Report 2023-2030, Featuring Colgate-Palmolive, Curaden, Nimbus Dental, Boie, Dr.Collins, Perfect Group and Procter & Gamble
Company Logolamea-manual-toothbrush-market-size.jpglamea-manual-toothbrush-market-size.jpgDublin, April 26, 2024 (GLOBE NEWSWIRE) — The “LAMEA Manual Toothbrush Market Size, Share & Trends Analysis Report By Distribution Channel (Offline and Online), By Material Type, By Type, By End-user (Individuals and Dental Clinics/Offices) By Country and Growth Forecast, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering.The LAMEA Manual Toothbrush Market is forecast to t witness…
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Source: https://finance.yahoo.com/news/lamea-manual-toothbrush-market-share-080900743.html
What To Expect From Colgate-Palmolive’s (CL) Q1 Earnings By Stock Story
Consumer products company Colgate-Palmolive (NYSE:)
will be announcing earnings results tomorrow before the bell. Here’s what investors should know.Colgate-Palmolive beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $4.95 billion, up 6.9% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ organic revenue growth estimates and a decent beat of analysts’ gross margin estimates. 2024 guidance was within roughly in line with…
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Colgate’s new IPL campaign urges consumers to take a strategic time out for their smiles
Gunjit Jain, executive vice president, marketing, Colgate-Palmolive India, said, “The last thing that millions of Indians put on their teeth is sugar, not toothpaste. This behaviour gets heightened during the IPL season as Indians watch with rapt attention while munching on snacks, and ending it with a sweet celebration as their team wins the match. Our new campaign reminds IPL-loving Indians to enjoy cricket, but also protect themselves from cavities by taking a strategic time-out to…
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Colgate urges fans to prioritise smiles with #BrushTonight campaign during IPL 2024
Colgate-Palmolive, a multinational consumer products firm, has introduced a new campaign titled ‘Indian Sweets League’, a one-of-a-kind cooperation between JioCinema and the Indian Premier League (IPL), intended to encourage people to brush their teeth every night.The Indian Sweets League is part of Colgate’s #BrushTonight campaign to promote oral health awareness.Almost every cricket fan has experienced things like being glued to TV screens and chewing on food while the match comes…
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Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities
Workplace Inclusivity (WIN) for persons with disabilities (PwD) aims to create an empowering ecosystem through assistive technology reimbursements, compassionate leave provisions and medical insurance for children of employees with disabilities across age groups.
MUMBAI, India, April 24, 2024 /PRNewswire/ — Colgate-Palmolive India, a global leader in oral care, announces the implementation of its Workplace Inclusivity Policy for persons with disabilities (PwD). The newly launched policy…
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