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Colgate-Palmolive(CL) - 2024 Q2 - Quarterly Results
2024-07-26 12:00
Exhibit 99 Colgate Announces 2nd Quarter 2024 Results • Net sales increased 4.9%; Organic sales* increased 9.0% • GAAP EPS increased 48% to $0.89; Base Business EPS* increased 18% to $0.91 • GAAP Gross profit margin increased 280 basis points to 60.6%; Base Business Gross profit margin* increased 300 basis points to 60.8% • Net cash provided by operations was $1,671 million for the first six months of 2024 • Colgate's leadership in toothpaste continued with its global market share at 41.5% year to date • Co ...
Will Strong Volume & Pricing Aid Colgate's (CL) Q2 Earnings?
ZACKS· 2024-07-22 16:26
Colgate-Palmolive Company (CL) is expected to register top and bottom-line growth when it reports its second-quarter 2024 numbers on Jul 26, before the opening bell. The Zacks Consensus Estimate for second-quarter revenues is pegged at $5 billion, indicating a rise of 4.1% from the year-ago quarter’s reported figure.The consensus estimate for the company’s earnings is pegged at 87 cents per share, suggesting growth of 13% from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for earnings ...
Colgate-Palmolive (CL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-19 15:06
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 ...
Colgate-Palmolive (CL) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-07-18 17:45
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's (CL) Innovation & Pricing Efforts Aid: Apt to Buy?
ZACKS· 2024-07-10 14:50
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 ...
Colgate-Palmolive: Three Items To Look For In The Upcoming Earnings
Seeking Alpha· 2024-07-10 08:19
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 ...
Sell Alert: 3 Dividend Aristocrats That May Kill Your Passive Income Snowball
Seeking Alpha· 2024-06-27 02:08
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's (CL) Strategic Efforts Seem Prudent: Apt to Hold?
ZACKS· 2024-06-26 16:05
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 ...
3 Dividend Stocks That Have Been Keeping Shareholders Happy for 50 Years
Investor Place· 2024-06-12 14:47
If dividend income is what you are looking for, several dependable dividend stocks can help generate passive income. But, in times of market uncertainty and inflationary periods, these companies may pause the dividends. This is where choosing the right stocks can make all the difference. When looking for dependable dividend stocks, look out for companies with steady cash flow generation who have been rewarding investors for years.These companies believe in sharing rewards with investors and have managed to ...
Colgate-Palmolive Company (CL) Annual Evercore ISI Consumer and Retail Conference (Transcript)
2024-06-12 00:11
Colgate-Palmolive Company (NYSE:CL) Annual Evercore ISI Consumer and Retail Conference June 11, 2024 12:30 PM ET Company Participants John Faucher - Chief Investor Relations Officer & M&A Conference Call Participants Robert Ottenstein - Evercore ISI Robert Ottenstein Good afternoon, and good evening for our friends in Europe. Very happy to have John Faucher from Colgate today. John heads up both Investor Relations and M&A. Lot to cover, so we'll go right into it. So John, so far, it's been a great year for ...