Colgate-Palmolive Co.

NYSE:CL   3:59:59 PM EDT
+0.96 (+1.20%)
Positive Earnings Pre-Announcement

Colgate Announces Second Quarter 2022 Results

Published: 07/29/2022 11:17 GMT
Colgate-Palmolive Co. (CL) - Colgate Announces 2nd Quarter 2022 Results.
Q2 GAAP Earnings per Share $0.72.
Raised Its Organic Sales Growth Guidance for Full Year 2022 to 5% to 7%.
Qtrly Net Sales $4,484 Million, Up 5.5%.
Still Expects 2022 Net Sales Growth to Be at Higher End of 1% to 4%.
North America Net Sales Increased 6.0 Percent in Quarter.
Latin America Net Sales Increased 12.5 Percent in Quarter.
Qtrly Base Business EPS $0.72.
Colgate-palmolive - for FY, on GAAP Basis, Still Sees Decline in Gross Profit Margin, Increased Advertising Investment.
Q2 Earnings per Share View $0.71, Revenue View $4.35 Billion -- Refinitiv Ibes Data (analyst estimates).
Colgate-palmolive - for FY, on GAAP Basis, Still Sees Double-digit Earnings-per-share Growth.
Qtrly Significant Increases in Raw and Packaging Material and Logistics Costs Continued During Quarter.
In Quarter Currencies Remained Volatile in Many Parts of World.
Colgate-palmolive- Are Accelerating Our Revenue Growth Management Plans, Including Additional Pricing, in Balance of Year.
Revenue is expected to be $4.49 Billion
Adjusted EPS is expected to be $0.75

Next Quarter Revenue Guidance is expected to be $4.56 Billion
Next Quarter EPS Guidance is expected to be $0.81

More details on our Analysts Page.