Colgate Q1 net sales +6.2% to $5.07B; GAAP EPS $0.83 (+84%); raises FY guidance

COLGATE PALMOLIVE CO

2024-Q1 EPS reported $0.83 revenue$5,065,000,000

Net sales $5,065M (+6.2% YoY); organic sales +9.8%.
GAAP diluted EPS $0.83 (+84%); Base Business EPS $0.86 (+18%).
Gross margin +310 bps to 60.0%; operating cash flow $681M.
Global toothpaste share 41.3%; manual toothbrush share 31.7%.
Company updated full-year 2024 financial guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COLGATE PALMOLIVE CO reported the quarter ended March 31, 2024 results: revenue $5,065, EPS $0.83.

Period: the quarter ended March 31, 2024
Revenue: $5,065
EPS: $0.83
Result: reported results

Exact text from the filing

• The Company updated its financial guidance for full year 2024 First Quarter Total Company Results (GAAP) ($ in millions except per share amounts) 2024 2023 Change Net Sales $5,065 $4,770 +6.2 % EPS (diluted) $0.83 $0.45 +84 % First Quarter Total Company Results (Base Business - Non-GAAP)* 2024 2023 Change Organic Sales Growth +9.8 % Base Business EPS

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Source: SEC EDGAR

accession 0000021665-24-000014

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