secwatch.observer — SEC 8-K summary
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Issuer:     COLGATE PALMOLIVE CO (CL)
CIK:        0000021665
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001157523-23-000642
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Colgate Q1 net sales +8.5% to $4.77B; GAAP EPS drops 32% to $0.45; guidance updated
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- Net sales $4,770M (+8.5% YoY); organic sales +10.0% with growth in every division and category.
- GAAP EPS $0.45 (-32% YoY); Base Business EPS $0.73 (-1% YoY). Gross margin fell 160bps to 56.9% due to pet food acquisitions.
- Global toothpaste market share 40.2%; manual toothbrush share 30.6% year-to-date.
- Operating cash flow $735M in first three months of 2023.
- Full-year 2023 financial guidance updated; no specific numbers provided in the release excerpt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21665/000115752323000642/0001157523-23-000642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21665/000115752323000642/a53388924.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000642

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer