Colgate-Palmolive (CL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 26, 2024, might help the stock move higher if these key numbers are better than e ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Colgate-Palmolive Company (CL) stock is in investors’ good books, thanks to its robust business strategies. The pricing and productivity initiatives have been driving the company’s performance for a while now. Its innovation strategy and shareholder-friendly moves also bode well.Shares of this renowned consumer goods company have gained 31.9% in the past year compared with the industry’s 15.8% growth.Let’s Find Out MoreColgate has been gaining from strong pricing and the benefits of funding-the-growth progr ...

Bet_Noire/iStock via Getty Images Introduction Colgate-Palmolive (NYSE:CL) is set to announce Q2 earnings at the end of this month and there are three things that we are looking for in the report. Firstly, we would like to see continued improvement in the asset turnover ratio. An improvement in the ratio speaks to the strength of the brands and supports the continued investment in brand equity. Second, we would like to see improvement in margins, particularly in the Hill's Pet Nutrition segment. While s ...

Zolak Written by Sam Kovacs Introduction There are certain dividend stocks which will positively kill your portfolio's ability to generate the level of cashflow you require to comfortably retire on dividends. As dividend investors, we aim at building a passive income snowball, an idea which I presented in detail in my previous article: "Sam's Dividend Income Snowball Masterclass". Author's art When I talk about building a passive income snowball, some of you have asked me: But Sam, I thought you were ...

Colgate-Palmolive Company (CL) stock is doing well on the bourses, thanks to its robust strategic efforts. The company has been gaining from pricing and productivity initiatives for a while now. Its innovation strategy and shareholder-friendly moves also bode well.Shares of this renowned consumer goods company have gained 26.3% in the past six months compared with the industry’s 17.8% growth. A VGM Score of B further adds strength to this Zacks Rank #3 (Hold) company.Let’s Delve DeeperColgate has been gaini ...

Core Viewpoint - In times of market uncertainty and inflation, selecting dependable dividend stocks is crucial for generating passive income, focusing on companies with steady cash flow and a history of rewarding investors [1] Group 1: Procter & Gamble (PG) - Procter & Gamble has a dividend yield of 2.41% and is known for popular brands like Tide and Gillette, ensuring steady revenue flow [2] - The stock is up 12% year-to-date, trading at a 52-week high of $167, with earnings per share increasing by 18% year-over-year [2][3] - The company has paid dividends for over 100 years, increasing them for 68 consecutive years, currently paying a quarterly dividend of $1.01 per share, a 7% increase year-over-year [3] Group 2: Colgate-Palmolive (CL) - Colgate-Palmolive has a dividend yield of 2.13% and is known for brands like Colgate toothpaste, with a stock increase of 16% year-to-date [5] - The company reported revenue of $5.07 billion and an EPS of 86 cents in the first quarter, with organic sales increasing by 9.8% [6] - Colgate has raised dividends annually for over 60 years and is adapting to consumer preferences by growing its Naturals range [6] Group 3: Coca-Cola (KO) - Coca-Cola has a dividend yield of 3.04% and reported revenue of $11.3 billion with an 11% year-over-year organic growth [7][8] - The company has raised dividends for over 60 consecutive years and is focusing on healthy drinks to align with changing consumer preferences [8] - The stock is up 6% year-to-date, trading at $63, and is approaching its 52-week high, indicating potential for further upside [8]

Core Insights - Colgate-Palmolive Company has experienced a strong year, delivering on its promises and seeing a constructive operating environment globally [2][3] - The company has achieved reported volume growth of 1.3% in the first quarter, aided by pricing strategies and a return to demand after previous years of heavy pricing [4][5] - Latin America has shown significant strength, with the company successfully implementing early pricing strategies and restoring gross margins, leading to balanced growth in volume and pricing [10][11] Financial Performance - The company reported a return to volume growth and has seen improvements in return on investment (ROI) from advertising and brand investments [5][8] - Gross margin restoration has allowed for reinvestment in the business, contributing to consistent compounded earnings per share growth [26][27] - The Hill's Pet Nutrition segment is expected to grow mid-single digits, with a focus on science-driven products and increased advertising [30][32] Market Strategy - Colgate-Palmolive is focusing on expanding its therapeutic brands, elmex and meridol, in new markets, leveraging their strong market positions in Europe [13][14] - The whitening product strategy has been emphasized as a universal need, with significant investments in innovation and marketing to drive household penetration [22][24] - The company is managing complexity in its product offerings and supply chain to improve gross margins and overall efficiency [27][28] Regional Insights - Latin America, particularly Mexico and Brazil, has shown robust market positions, with high market shares in key categories like toothpaste [11][12] - The company is optimistic about the outlook in Latin America, despite currency volatility, and is focused on maintaining market share and growth [10][12] - The U.S. market for Hill's is expected to improve as the category recovers, with a focus on high-value, science-based products [30][32] Innovation and Advertising - Increased advertising and innovation have been pivotal in driving growth across various segments, including Personal Care and Home Care [36][38] - The company has seen significant growth in brands like Sanex due to strategic product relaunches and increased advertising investments [39][40] - The focus on science-driven brands is expected to continue, with a disciplined approach to channel strategy and marketing [42][43]

Company and Industry Overview * **Company**: Colgate-Palmolive Company (NYSE:CL) * **Industry**: Consumer Goods, Personal Care, Oral Care, Pet Nutrition Key Points and Arguments 1. **Positive Operating Environment**: Colgate has seen a constructive operating environment globally, with pricing gains and volume growth in the first quarter of 2024. This includes pricing from developed markets, inflation in emerging markets, and Hill's brand. [3] 2. **Strategic Focus**: Colgate's strategy of investing in businesses for balanced top-line growth and consistent EPS growth is working well. This includes brand investments, advertising, and innovation. [4] 3. **Latin America Performance**: Latin America, along with Africa and Eurasia, has been a strong performer for Colgate, with volume growth and gross profit growth. The company has high market shares in key categories like toothpaste in Mexico and Brazil. [9] 4. **elmex and meridol Success**: Elmex and meridol, therapeutic brands in Europe, have seen significant market share gains. The company has been investing in these brands through innovation and advertising. [12] 5. **Global Whitening Strategy**: Colgate's global whitening strategy focuses on science and innovation, with high efficacy products and increased advertising. This has driven category growth and market share gains. [18] 6. **Gross Margin Improvement**: Colgate plans to continue improving gross margins through revenue growth management, innovation, and supply chain efficiencies. [25] 7. **Hill's Pet Nutrition**: Hill's is expected to be the fastest-growing category within Colgate's Pet Nutrition segment, with mid-single-digit growth. The company is investing in science, innovation, and advertising to drive growth. [29] 8. **Personal Care and Home Care**: Colgate's Personal Care and Home Care businesses have seen solid organic sales growth. The company is investing in advertising and innovation to drive growth and improve margins. [35] 9. **Acquisitions**: Colgate has acquired brands like Filorga, Elta, and PCA SKIN, focusing on science-driven brands with professional recommendations. These brands are performing well and are expected to contribute to future growth. [40] Additional Important Content * **Currency Volatility**: Colgate is closely monitoring currency volatility in Latin America, particularly in Mexico. [10] * **Supply Chain Complexity**: Colgate is working through supply chain complexity and expects further efficiencies. [26] * **Private Label Impact**: The impact of private label from the Red Collar acquisition on Hill's is expected to abate over time. [27] * **Social Media Strategy**: Colgate is leveraging social media to promote its science-driven brands and professional recommendations. [44]

Colgate-Palmolive Company Conference Call Summary Company Overview - **Company**: Colgate-Palmolive Company (NYSE: CL) - **Event**: 21st Annual dbAccess Global Consumer Conference Call - **Date**: June 5, 2024 Key Points Growth Strategy and Performance - The growth strategy implemented five years ago has been viewed as a success, focusing on sustainable compounding growth year after year [3][4] - Key aspects of the strategy include: - Revitalizing core business growth - Expanding into adjacent markets - Focusing on brand penetration rather than just market share [5][6] - The company has maintained its strategy through various challenges, including COVID-19 and hyperinflation, without significant changes [6] Brand Strength and Market Position - Strong brand penetration has been observed, particularly in growth categories such as Oral Care, Pet Nutrition, and Skin Health [9][10] - The company has successfully taken pricing in emerging markets, leading to quick volume recovery [10] - The balance between price and volume is crucial for maintaining gross margins and supporting business investments [13] Premiumization Strategy - A shift towards premiumization has been a significant part of the growth strategy, with a focus on relaunching core businesses and developing premium therapeutic products [16][17] - The company aims to increase its market index from 92 to 100 in the toothpaste category, indicating room for growth [17] - Investments in premium brands like elmex and meridol have resulted in significant market share growth in Europe [19][32] Regional Performance Insights - **Emerging Markets**: Strong organic sales growth driven by high brand loyalty and competitive distribution structures [22][23] - **China**: Cautious approach with a focus on premium online sales; the company has reoriented its strategy towards profitability in this market [25][26] - **North America**: Growth is slower compared to other regions, but investments in brand health and innovation are expected to improve performance [28][29] - **Europe**: Positive consumption trends and effective revenue growth management strategies have led to above-expectation performance [30][32] Financial Health and Margins - The gross margin was reported at 60% in the last quarter, attributed to effective pricing strategies and productivity improvements [46] - The company emphasizes the importance of sustained top-line growth to drive margin improvements [48] Technology and Innovation - Significant investments in technology, including SAP and AI, are aimed at enhancing operational efficiency and driving growth [51][55] - The company is focused on scaling AI capabilities across its operations to improve productivity and decision-making [56][57] M&A and Future Strategy - The company is not relying on M&A for growth but remains open to opportunities that align with its strategic goals [63] - The focus for the 2030 strategy is on organic growth, with a clear understanding of competitive advantages in existing categories [62][63] Cultural Transformation - A cultural shift towards a growth mindset has been emphasized, focusing on brand penetration and local empowerment [70][72] - The leadership team has been proactive in instilling a culture that supports sustained growth and innovation [72] Additional Insights - The company has seen a significant increase in advertising investment, now at 13% of sales, up from 9% [58] - The focus on ROI for digital spending is critical, with a goal to track and optimize every dollar spent [59][60] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Colgate-Palmolive's commitment to growth, brand strength, and innovation in a competitive market landscape.