Colgate-Palmolive (CL) Reports In-Line Q4 EPS

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Go back to Colgate-Palmolive (CL) Reports In-Line Q4 EPS

Colgate Announces 4th Quarter 2019 Results

January 31, 2020 6:55 AM EST

NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $4,015 million in fourth quarter 2019, an increase of 5.5% versus fourth quarter 2018. Global unit volume increased 5.5%, pricing increased 1.5% and foreign exchange was negative 1.5%. The previously disclosed acquisition of the Laboratoires Filorga Cosmétiques ("Filorga") skin health business contributed 2.0% to Net sales and unit volume growth in the quarter. Organic sales (Net sales excluding the impact of foreign exchange, acquisitions and divestments) increased 5.0%.

Net income and Diluted earnings per share in fourth quarter 2019 were $643 million and $0.75, respectively. Net income in fourth quarter 2019... More