Colgate-Palmolive (CL) Tops Q4 EPS by 1c, Offers Guidance

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Colgate Announces 4th Quarter 2020 Results

January 29, 2021 6:55 AM EST

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

Net sales increased 7.5%, Organic sales* increased 8.5% GAAP EPS was even with fourth quarter 2019 at $0.75, Base Business EPS* grew 5% to $0.77 GAAP Gross profit margin increased 100 basis points to 61.1%, Base Business Gross profit margin* increased 90 basis points to 61.1% Net cash provided by operations was $3,719 million for full year 2020 Colgates leadership in toothpaste continued with its global market share at 39.8% year to date Colgates leadership in manual toothbrushes continued with its global market share at 31.1% year to... More