Financial PerformanceOrganic sales growth was strong at 6.8%, outperforming consensus expectations.
Market PositionColgate-Palmolive is well poised to grow EPS at management’s raised +8%-11% outlook range in 2024E, which places the company to potentially deliver high single digits again this year.
Volume GrowthColgate demonstrated strong volume growth in 2Q24 across all six divisions and four categories, supported by substantial investments in brands that enhance household penetration, drive category growth, and gain market share.