earnings
confidence high
sentiment positive
materiality 0.75
Colgate Q3 organic sales +6.8%, GAAP EPS $0.90, gross margin 61.1%; skin health segment moved to North America
COLGATE PALMOLIVE CO
2024-FY EPS reported
$3.51
revenue$20,101,000,000
- Net sales $5,033M (+2.4%), organic sales +6.8%; GAAP EPS $0.90 (+5%), Base Business EPS $0.91 (+6%).
- GAAP gross margin 61.1% (+260 bps); Base Business gross margin 61.3% (+270 bps).
- Global toothpaste market share 41.6%, manual toothbrush share 32.3% year-to-date.
- Effective July 1, 2024, skin health business moved from Europe to North America segment; historical recast provided, no impact on consolidated results.