Colgate-Palmolive (CL) Misses Q1 EPS by 1c

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Go back to Colgate-Palmolive (CL) Misses Q1 EPS by 1c

Colgate Announces 1st Quarter 2022 Results

April 29, 2022 6:55 AM EDT

 

NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL):

Net sales increased 1.5%, Organic sales* increased 4.0% On a GAAP basis, EPS declined 18% to $0.66; On a Base Business basis, EPS* declined 8% to $0.74 GAAP Gross profit margin and Base Business Gross profit margin* both decreased 220 basis points to 58.5% Net cash provided by operations was $386 million for the first three months of 2022 Colgates leadership in toothpaste continued with its global market share at 39.2% year to date Colgates leadership in manual toothbrushes continued with its global market share... More