CL - Colgate-Palmolive Non-GAAP EPS of $0.73 beats by $0.03 revenue of $4.77B beats by $190M
2023-04-28 07:00:13 ET
- Colgate-Palmolive press release ( NYSE: CL ): Q1 Non-GAAP EPS of $0.73 beats by $0.03 .
- Revenue of $4.77B (+8.4% Y/Y) beats by $190M .
- Organic sales increased 10.0% with growth in every division and in all four categories.
- FY2023 Outlook : The company now expects net sales growth to be 3% to 6% vs. consensus growth of 4.9%; Organic sales growth to be 4% to 6%; On a non-GAAP (Base Business) basis, the company still expects gross profit margin expansion and increased advertising investment and now expects mid-single-digit earnings-per-share growth.
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Colgate-Palmolive Non-GAAP EPS of $0.73 beats by $0.03, revenue of $4.77B beats by $190M