earnings
confidence high
sentiment positive
materiality 0.75
Colgate Q3 net sales +2.4%, organic +6.8%; GAAP EPS $0.90; skin health moved to North America segment
COLGATE PALMOLIVE CO
2024-Q3 EPS reported
$2.61
revenue$15,156,000,000
- Net sales $5,033M (+2.4% YoY); organic sales +6.8%; GAAP EPS $0.90 (+5%); Base Business EPS $0.91 (+6%).
- Gross profit margin expanded 260 bps to 61.1% (GAAP) and 270 bps to 61.3% (Base Business).
- Full year 2024 guidance updated; global toothpaste market share 41.6%, toothbrush 32.3% year to date.
- Skin health business realigned from Europe to North America segment effective July 1; recast historical segment data provided.