earnings
confidence high
sentiment positive
materiality 0.85
Colgate Q2 net sales up 4.9%, organic +9.0%; GAAP EPS $0.89 (+48%)
COLGATE PALMOLIVE CO
2024-Q2 EPS reported
$1.71
revenue$10,124,000,000
- Net sales $5.058B, +4.9% YoY; organic sales growth +9.0%.
- GAAP diluted EPS $0.89 (+48%); Base Business EPS $0.91 (+18%).
- GAAP gross profit margin 60.6% (+280 bps); Base Business margin 60.8% (+300 bps).
- Global toothpaste market share 41.5% YTD; manual toothbrush share 32.2%.
- Company updated 2024 financial guidance; net cash from operations $1.671B in H1.