Colgate-Palmolive (CL) Tops Q3 EPS by 9c, Revenues Beat

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Colgate Announces 3rd Quarter 2020 Results

October 30, 2020 6:55 AM EDT

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

Net sales increased 5.5%, Organic sales* increased 7.5% GAAP EPS grew 21% to $0.81, Base Business EPS* grew 11% to $0.79 GAAP Gross profit margin and Base Business Gross profit margin* each increased 220 basis points to 61.2% Net cash provided by operations was $2,756 million year to date Colgates leadership in toothpaste continued with its global market share at 39.9% year to date Colgates leadership in manual toothbrushes continued with its global market share at 31.1% year to date The Company is providing... More