Colgate-palmolive Company ( (CL) ) has released its Q4 earnings. Here is a breakdown of the information Colgate-palmolive Company presented to its investors.
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Colgate-Palmolive Company, a leading global consumer products company, specializes in Oral Care, Personal Care, Home Care, and Pet Nutrition, and is known for its commitment to sustainability and community wellbeing. In its latest earnings report, Colgate-Palmolive announced a milestone achievement with net sales surpassing $20 billion for the first time in 2024, marking a 3.3% increase from the previous year. The company also reported a significant rise in EPS by 27% to $3.51 and an increase in cash flow by 10%. Colgate-Palmolive’s organic sales grew by 7.4%, driven by growth across all divisions and categories, despite challenges from lower private label pet volume. For the fourth quarter, the company experienced a slight decline in net sales by 0.1% but maintained an organic sales increase of 4.3%. The company’s global market share in toothpaste and manual toothbrushes remained strong, with significant investments in advertising and innovation. Colgate-Palmolive is optimistic about its growth trajectory, expecting to deliver consistent earnings growth in 2025 and beyond, as it continues to focus on expanding its competitive advantages and mitigating macroeconomic challenges.
