Colgate-Palmolive (CL) Tops Q2 EPS by 2c, Beats on Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
Colgate Announces 2nd Quarter 2023 Results
July 28, 2023 6:55 AM EDTNEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL):
Net sales increased 7.5%; Organic sales* increased 8.0% with growth in every division and in all four categories GAAP EPS declined 17% to $0.60; Base Business EPS* increased 7% to $0.77 GAAP Gross profit margin and Base Business Gross profit margin* both increased 80 basis points to 57.8%, including a negative 70 basis point impact from private label sales resulting from the previously disclosed acquisitions of pet food businesses Net cash provided by operations was $1,457 million for the first six months of 2023 Colgates... More