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Colgate-Palmolive Co (CL.N)

CL.N on New York Stock Exchange

65.75USD
19 Mar 2019
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$-0.54 (-0.81%)
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Latest Key Developments (Source: Significant Developments)

Colgate Elects Noel Wallace President And Chief Executive Officer And A Member Of Its Board Of Directors Effective April 2, 2019
Tuesday, 12 Feb 2019 

Feb 11 (Reuters) - Colgate-Palmolive Co ::COLGATE ELECTS NOEL WALLACE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND A MEMBER OF ITS BOARD OF DIRECTORS EFFECTIVE APRIL 2, 2019.SAYS NOEL WALLACE APPOINTED CEO AND PRESIDENT.IAN COOK WILL SERVE AS EXECUTIVE CHAIRMAN, ALSO EFFECTIVE ON APRIL 2, 2019.NOEL WALLACE WAS COLGATE'S PRESIDENT AND CHIEF OPERATING OFFICER SINCE JULY 2018.  Full Article

Colgate-Palmolive CEO - Yellow Vests Protests Impacted European Organic Growth By About 40 Basis Points In Q4 - Conf Call
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Colgate-Palmolive Co ::CEO - CO SEEING STRONG GROWTH IN THE UK DRIVEN BY PREMIUM BUSINESS - CONF CALL.CEO - YELLOW VESTS PROTESTS IMPACTED EUROPEAN ORGANIC GROWTH BY ABOUT 40 BASIS POINTS IN Q4 - CONF CALL.CEO - FOR 2018, THE OVERALL INCREASE IN UNDERLYING COMMODITY COSTS WAS 7 PERCENT - CONF CALL.CEO - FOR 2019 CO EXPECTS 6 PERCENT INCREASE IN UNDERLYING COMMODITY COSTS- CONF CALL.EXEC - CO EXPECTS RAW MATERIAL AND FOREIGN EXCHANGE HEADWINDS TO BE HIGHER IN FIRST HALF OF FY 2019- CONF CALL.  Full Article

Colgate Announces Fourth Quarter 2018 Results
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES 4TH QUARTER 2018 RESULTS.Q4 EARNINGS PER SHARE $0.70.Q4 SALES $3.811 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.77 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.73 -- REFINITIV IBES DATA.QTRLY ORGANIC SALES INCREASED 2.0%.NORTH AMERICA NET SALES INCREASED 5.0% IN Q4 2018.NET INCOME IN Q4 2018 INCLUDED $32 MILLION ($0.04 PER DILUTED SHARE) OF AFTERTAX CHARGES.QTRLY ADH EARNINGS PER SHARE $0.74.SEES 2019 NET SALES TO BE FLAT TO UP LOW-SINGLE-DIGITS.SEES 2019 ORGANIC SALES GROWTH OF 2% TO 4%.ORGANIC SALES INCREASED 0.5% AND ORGANIC UNIT VOLUME DECREASED 2.0% FOR NORTH AMERICA IN QUARTER.COLGATE-PALMOLIVE-PLANNING TO INVEST IN EXPANDING PORTFOLIO OFFERINGS BY BRINGING BRANDS LIKE ELMEX,MERIDOL INTO NEW MARKETS, OTHERS.OPERATING PROFIT IN NORTH AMERICA DECREASED 7% IN Q4 2018.ALSO PLAN TO CONTINUE TO INCREASE INVESTMENT BEHIND PROFESSIONAL SKIN CARE BUSINESSES, ELTA MD AND PCA SKIN.COLGATE-PALMOLIVE - "PLANNING FOR INCREASED INVESTMENT BEHIND BRANDS, HIGHER PRICING & STRONG INNOVATION IN 2019".DECREASE IN QTRLY GROSS PROFIT IN NORTH AMERICA PRIMARILY DUE TO HIGHER RAW & PACKAGING MATERIAL COSTS.EXPECT A LOW-SINGLE-DIGIT DECLINE IN EARNINGS PER SHARE IN 2019.LATIN AMERICA NET SALES DECREASED 9.0% IN Q4 2018.ORGANIC SALES FOR LATIN AMERICA INCREASED 1.0% IN QUARTER.QTRLY ADJUSTED EARNINGS PER SHARE $0.74 (CORRECTS TYPO).  Full Article

Colgate-Palmolive Sets Quarterly Cash Dividend Of $0.42Per Share
Friday, 11 Jan 2019 

Jan 10 (Reuters) - Colgate-Palmolive Co ::SETS QUARTERLY CASH DIVIDEND OF $0.42PER SHARE.  Full Article

Colgate reports Q3 EPS at $0.60
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES 3RD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.60.Q3 SALES $3.845 BILLION VERSUS I/B/E/S VIEW $3.89 BILLION.Q3 EARNINGS PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC SALES DECREASED 0.5%.NORTH AMERICA NET SALES INCREASED 8.0% IN Q3 2018.LATIN AMERICA NET SALES DECREASED 13.0% IN Q3 2018.QTRLY GLOBAL UNIT VOLUME WAS EVEN WITH YEAR AGO QUARTER, PRICING INCREASED 1.0% AND FOREIGN EXCHANGE WAS NEGATIVE 4.0%.PREVIOUSLY DISCLOSED PROFESSIONAL SKIN CARE ACQUISITIONS CONTRIBUTED 1.5% TO NET SALES AND UNIT VOLUME GROWTH IN QUARTER.EXCLUDING CHARGES, DILUTED EARNINGS PER SHARE IN Q3 2018 WAS $0.72.CEO SAYS Q3 WAS A "CHALLENGING" WITH CATEGORY GROWTH RATES REMAINING SOFT IN MANY MARKETS & UNFAVORABLE MOVEMENTS IN FOREX.QTRLY NET SALES DECREASED 3.0% PRIMARILY DUE TO MARKET VOLATILITY IN BRAZIL AND TRADE INVENTORY REDUCTIONS IN CHINA.CEO SAYS PRICING ENVIRONMENT REMAINS DIFFICULT.CEO SAYS "DELIVERED POSITIVE PRICING THIS QUARTER, WHICH PARTIALLY OFFSET HIGHER COMMODITY AND LOGISTICS COSTS".FOR Q4, EXPECT A LOW-SINGLE-DIGIT NET SALES DECREASE DUE TO FOREIGN EXCHANGE AND LOW-SINGLE-DIGIT ORGANIC SALES GROWTH.FOR 2018, ON A GAAP BASIS, EXPECT LOWER GROSS MARGIN AND DOUBLE-DIGIT EARNINGS PER SHARE GROWTH VERSUS 2017.GROSS PROFIT MARGIN WAS 59.0 PERCENT IN Q3 2018 VERSUS 60.0 PERCENT IN Q3 2017.EXCLUDING CHARGES, PLANNING FOR A YEAR OF CONTINUED "STRONG" OPERATING. CASH FLOW, LOWER GROSS MARGIN VERSUS 2017.  Full Article

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-Palmolive names Noel Wallace as new CEO

Colgate-Palmolive Co said on Monday it has named Noel Wallace as its chief executive officer, replacing Ian Cook who has led the company since 2007.