Colgate-Palmolive FY 2023 net sales +8.5%; GAAP EPS $2.77 (+30%)

COLGATE PALMOLIVE CO

2023-FY EPS reported $2.77 revenue$19,457,000,000

Full-year 2023 net sales $19.5B, +8.5%; organic sales also +8.5%.
GAAP diluted EPS $2.77, up 30% YoY; Base Business diluted EPS $3.23, up 9%.
4Q 2023 net sales and organic sales both +7.0% YoY.
Advertising spend increased 19% in 2023; higher investment expected in 2024.
Organic sales growth in all divisions and categories for fifth consecutive year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COLGATE PALMOLIVE CO reported the quarter and year ended December 31, 2023 results: revenue $19,457, EPS $2.77.

Period: the quarter and year ended December 31, 2023
Revenue: $19,457
EPS: $2.77
Result: reported results

Exact text from the filing

in fourth quarter 2022 Base Business EPS* increased 9% to $3.23 Full Year Total Company Results (GAAP) ($ in millions except per share amounts) 2023 2022 Change Net Sales $19,457 $17,967 +8.5% EPS (diluted) $2.77 $2.13 +30% Full Year Total Company Results (Base Business - Non-GAAP)* ($ in millions except per share amounts) 2023 2022 Change Organic Sales

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Source: SEC EDGAR

accession 0001157523-24-000119

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