Colgate-Palmolive Q4 profit and sales top estimates
CLColgate-Palmolive(CL) Market Watch·2024-01-26 20:04

Dental, personal care and pet food products maker Colgate Palmolive Co. CL, +1.42% said Friday it had net income of $718 million, or 87 cents a share, in the fourth quarter, up from $5 million, or 1 cent a share, in the year-earlier period. Adjusted per-share earnings came to 87 cents, ahead of the 85 cent FactSet consensus. Sales rose to $4.950 billion from $4.629 billion, also ahead of the $4.893 billion FactSet consensus. “We leveraged our strong margin performance to invest behind building our brands, ...