CL - Colgate-Palmolive Eyes Strong Levels of Brand Investment Following Q1 Performance Raises Annual Revenue Growth Outlook | Benzinga
Colgate-Palmolive Company (NYSE:CL) shares are trading slightly higher after the consumer giant reported first-quarter FY24 sales growth of 6.2% year-on-year to $5.065 billion, beating the analyst consensus estimate of $4.956 billion.
Organic sales increased by 9.8%. Total Oral, Personal, and Home Care net sales increased by 6.8% to $3.96 billion.
Non-GAAP EPS of $0.86 beat the consensus estimate of $0.81.
Gross profit was $3.03 billion, while the ...