Colgate-Palmolive (CL) Tops Q2 EPS by 5c

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Go back to Colgate-Palmolive (CL) Tops Q2 EPS by 5c

Colgate Announces 2nd Quarter 2020 Results

July 31, 2020 6:55 AM EDT

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

Net sales increased 1.0%, Organic sales* increased 5.5% GAAP EPS grew 9% to $0.74, Base Business EPS* grew 3% to $0.74 GAAP Gross profit margin increased 110 basis points to 60.8%, Base Business Gross profit margin* increased 120 basis points to 60.8% Net cash provided by operations was $1,794 million Colgates leadership in toothpaste continued with its global market share at 40.0% year to date Colgates leadership in manual toothbrushes continued with its global market share at 31.0% year to date The Company is not providing 2020... More