earnings
confidence high
sentiment positive
materiality 0.80
Colgate-Palmolive Q3 2023: EPS $0.86 (+16% YoY), organic sales +9%, raises FY guidance
COLGATE PALMOLIVE CO
2023-Q3 EPS reported
$1.90
revenue$14,507,000,000
- Net sales $4,915M, up 10.5%; organic sales +9.0% with growth in five out of six divisions.
- GAAP & Base Business EPS both $0.86, up 16% YoY; GAAP gross margin +130 bps to 58.5%.
- Net cash from operations $2,609M for 9 months, up 39% vs 2022.
- Global toothpaste market share 41.0%; manual toothbrush share 31.5% year-to-date.
- Full-year 2023 financial guidance raised.