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Form 8-K/A · Current Report · Filed 2025-01-24

Colgate Announces Strong Q3 2024 Results and Business Realignment

Colgate-Palmolive Company reported its Q3 2024 results on October 25, 2024, with a 2.4% increase in net sales and a 5% rise in GAAP EPS to $0.90.

Filer
Colgate-Palmolive Co. CL · NYSE
Filed
Accession
0000021665-25-000002
CIK
0000021665
Signal
High impactConsumer Defensive

Details

Organic sales increased by 6.8%. The company also updated its full-year 2024 guidance, anticipating net sales growth of 3% to 5% and organic sales growth of 7% to 8%. Additionally, Colgate realigned its skin health business reporting structure effective July 1, 2024, impacting the segment reporting for the North America and Europe segments.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 8.01

Other Events

Reverse Stock Split Corporate Update
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$87.91

Next session

+3.8%

Since filing

+3.9%

Latest close

$91.30

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CL reporting the same item, with the next session's move:

Exhibits (2)

About Colgate-Palmolive Co.

Colgate-Palmolive Co. is a global consumer products company whose primary purpose revolves around personal and home care. The company is recognized for its vast array of products in oral care, personal care, home care, and pet nutrition. Known for its flagship toothpaste and toothbrushes, Colgate-Palmolive also produces shampoos, soaps, and household cleaning products. Additionally, under its Hill's Pet Nutrition segment, it offers premium pet food and health supplies. Colgate-Palmolive reaches consumers in over 200 countries with its products distributed through various channels, including supermarkets, drug stores, and e-commerce. This company plays a vital role in everyday personal and household routines worldwide, contributing to its significance in the consumer staples sector. Founded in 1806 and headquartered in New York City, Colgate-Palmolive's extensive product line and global reach underscore its influence and stability in the market.

Exchange NYSE Industry Household & Personal Products Company website ↗

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