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Colgate-Palmolive Co (CL.N)

CL.N on New York Stock Exchange

67.50USD
17 Aug 2018
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$0.78 (+1.17%)
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Latest Key Developments (Source: Significant Developments)

Colgate Posts Q2 Earnings Per Share $0.73
Friday, 27 Jul 2018 

July 27 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES 2ND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.73.Q2 SALES $3.886 BILLION VERSUS I/B/E/S VIEW $3.91 BILLION.Q2 EARNINGS PER SHARE VIEW $0.77 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC SALES INCREASED 0.5%.NORTH AMERICA NET SALES INCREASED 8.0% IN Q2 2018.LATIN AMERICA NET SALES DECREASED 7.0% IN Q2 2018.COLGATE-PALMOLIVE - Q2 WAS "CHALLENGING" WITH CATEGORY GROWTH RATES REMAINING SOFT IN MANY MARKETS.EXPECT A LOW-SINGLE-DIGIT NET SALES INCREASE AND LOW-SINGLE-DIGIT ORGANIC SALES GROWTH IN 2018.COLGATE-PALMOLIVE - QTRLY SALES GROWTH WAS BELOW CO'S EXPECTATIONS DUE TO UNIT VOLUME DECLINES IN EMERGING MARKETS & FLAT PRICING.COLGATE-PALMOLIVE SAYS AS WE LOOK AHEAD, UNCERTAINTY IN GLOBAL MARKETS & CATEGORY GROWTH WORLDWIDE REMAIN "CHALLENGING".CONTINUE TO PLAN FOR INCREASED ADVERTISING INVESTMENT FOR FULL YEAR.QTRLY ADVERTISING INVESTMENT INCREASED IN ABSOLUTE DOLLARS VERSUS Q2 2017.ON A GAAP BASIS, EXPECT GROSS MARGIN FOR YEAR TO BE EVEN WITH 2017.ON A GAAP BASIS EXPECT DOUBLE-DIGIT EARNINGS PER SHARE GROWTH IN 2018 VERSUS 2017.  Full Article

Colgate Declares Announces $5 Billion Share Repurchase Program
Tuesday, 19 Jun 2018 

June 18 (Reuters) - Colgate-Palmolive Co ::COLGATE DECLARES REGULAR QUARTERLY DIVIDEND AND ANNOUNCES $5 BILLION SHARE REPURCHASE PROGRAM.SETS QUARTERLY CASH DIVIDEND OF $0.42PER SHARE.COLGATE-PALMOLIVE - NEW SHARE REPURCHASE PROGRAM REPLACED PREVIOUS $5 BILLION REPURCHASE PROGRAM AUTHORIZED IN 2015.COLGATE-PALMOLIVE - TO COMMENCE REPURCHASE OF SHARES OF COMMON STOCK UNDER NEW PROGRAM AFTER JUNE 18.  Full Article

Colgate Announces Q1 Earnings Per Share $0.72
Friday, 27 Apr 2018 

April 27 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES 1ST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.74 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $0.72.Q1 SALES $4.002 BILLION VERSUS I/B/E/S VIEW $4.02 BILLION.Q1 EARNINGS PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.NORTH AMERICA NET SALES INCREASED 9.0% IN Q1 2018.LATIN AMERICA NET SALES INCREASED 0.5% IN Q1 2018.QTRLY ORGANIC SALES INCREASED 1.5%.WE EXPECT A MID-SINGLE-DIGIT NET SALES INCREASE AND LOW-SINGLE-DIGIT ORGANIC SALES GROWTH IN 2018.COLGATE-PALMOLIVE CEO SAYS "Q1 WAS A CHALLENGING ONE AS CATEGORY GROWTH REMAINED SOFT IN MANY MARKETS AROUND WORLD".SAYS WORLDWIDE PRICING IMPROVED SEQUENTIALLY IN QUARTER VERSUS Q4 2017.CONTINUE TO PLAN FOR INCREASED ADVERTISING INVESTMENT, BOTH ABSOLUTELY AND AS A PERCENT TO SALES, FOR FULL YEAR.PLANNING FOR A YEAR OF GROSS MARGIN EXPANSION AND EXPECT DOUBLE-DIGIT EARNINGS PER SHARE GROWTH IN 2018.SAYS "UNCERTAINTY IN GLOBAL MARKETS AND CATEGORY GROWTH WORLDWIDE REMAIN CHALLENGING".COLGATE-PALMOLIVE - CONTINUE TO PLAN FOR INCREASED ADVERTISING INVESTMENT FOR FULL YEAR IN SUPPORT OF NEW PRODUCTS.COLGATE-PALMOLIVE - EXCLUDING SOME CHARGES, PLANNING FOR YEAR OF INCREASED OPERATING CASH FLOW AND LOW-DOUBLE-DIGIT EPS GROWTH.  Full Article

Colgate Declares Regular Quarterly Dividend $0.40 Per Share
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Colgate-Palmolive Co ::COLGATE DECLARES REGULAR QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.40 PER SHARE.  Full Article

Absolicon Solar Collector Gets Order From Colgate-Palmolive
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Absolicon Solar Collector Ab ::GETS ORDER FROM COLGATE-PALMOLIVE IN COOPERATION WITH SOLAR ++.ORDER VALUE IS ABOUT SEK 500,000 AND DELIVERY IS EXPECTED IN SPRING OF 2018‍​.  Full Article

Colgate Announces Acquisition Of PCA Skin And EltaMD Skin Care Brands
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES ACQUISITION OF PCA SKIN AND ELTAMD SKIN CARE BRANDS.COLGATE-PALMOLIVE CO - TERMS OF DEALS HAVE NOT BEEN DISCLOSED.COLGATE-PALMOLIVE CO - ‍TRANSACTIONS ARE EXPECTED TO HAVE NO IMPACT ON EARNINGS IN 2018.​.COLGATE-PALMOLIVE CO SAYS PLANS TO CONTINUE TO OPERATE PCA SKIN AND ELTAMD SKIN CARE INDEPENDENTLY AFTER CLOSING.  Full Article

Soros Fund Management dissolves share stake in Apple, Altice USA, Snap
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Soros Fund Management::Dissolves share stake in Altice USA - SEC filing.Takes share stake of 123,787 shares in Alcoa.Dissolves share stake in Apple.Takes share stake of 88,100 shares in Aetna.Takes share stake of 1.1 million Class A shares in Comcast.Takes share stake of 10,300 shares in GE.Dissolves share stake in Snap Inc.Dissolves share stake in T-Mobile.Ups share stake in Colgate Palmolive to 431,500 shares from 140,000 shares.Ups share stake in Time Warner by 70.8 percent to 1.0 million shares.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017​.  Full Article

Colgate-Palmolive files for potential debt shelf offering, size not disclosed
Saturday, 28 Oct 2017 

Oct 27 (Reuters) - Colgate-Palmolive Co ::Colgate-Palmolive Co files for potential debt shelf offering; size not disclosed - SEC filing‍​.  Full Article

Colgate reports Q3 earnings per share of $0.68
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Colgate-palmolive Co :Colgate announces 3rd quarter 2017 results.Q3 earnings per share $0.68.Q3 sales $3.974 billion versus I/B/E/S view $3.94 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.73 excluding items.Colgate- Palmolive co qtrly ‍ organic sales (net sales excluding impact of foreign exchange, acquisitions and divestments) increased 1.5%​.Colgate-Palmolive co - ‍net income in Q3 2017 included $39 million ($0.05 per diluted share) of aftertax charges​.Colgate-Palmolive - ‍Q3 included $39 million aftertax charges resulting from company's global growth and efficiency program​.Colgate-Palmolive co - ‍North America net sales decreased 0.5% in Q3 2017​.Colgate-Palmolive co - ‍ on Oct 26, board approved an expansion of global growth and efficiency program, extension of program through December 31, 2019​.Colgate-Palmolive co - ‍latin America net sales increased 6.5% in Q3 2017​.Colgate-Palmolive co - ‍aftertax charges for 2017 are now estimated to be $250 million to $280 million​.Colgate-Palmolive - sees cumulative aftertax charges related to global growth, efficiency program, once projects implemented of $1,280 million - $1,380 million​.Colgate-Palmolive - ‍cumulative aftertax savings projected to increase to $500 million to $575 million annually, once all projects are implemented​.  Full Article

Colgate-Palmolive CEO recently signaled he would be open to selling co- NY Post
Wednesday, 17 May 2017 

May 16 (Reuters) - :Colgate-Palmolive CEO signaled he would be open to selling co for $100/share at meeting with institutional investors in recent weeks - NY Post.  Full Article

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Colgate-Palmolive to raise prices as raw materials costs surge

Colgate-Palmolive Co said on Friday that it would "modestly" raise prices in the second-half of the year, mainly in emerging markets, as the world's largest toothpaste maker seeks relief from surging raw materials costs.