CL · Colgate-Palmolive Company

Colgate-Palmolive Company CL

Makes and sells oral care, personal care, home care, and pet nutrition products under brands including Colgate, Palmolive, and Hill's Pet Nutrition.

Industry
Consumer products
Listed on
New York Stock Exchange
IPO
1930-03-31
Website
colgatepalmolive.com

Daily brief

Colgate-Palmolive rises on Q3 beat, raises profit outlook

+2.29% to $95.29 from $93.16

What moved CL

  • Net sales rose 4.6% to $5.37 billion, with organic sales up 3.6%, reflecting 1.7 points of volume growth and 2 points from pricing.
  • Base-business (non-GAAP) EPS of $0.97 beat the roughly $0.92-$0.93 analyst consensus.
  • The company raised its 2026 base-business EPS growth outlook to 5%-7%, up from a prior mid-single-digit forecast, and said it expects gross margin to expand for the year.
  • CEO Noel Wallace cited broad-based growth and pointed to another double-digit increase in advertising spending.

Sources: Yahoo Finance · Investing.com · GuruFocus

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