Colgate-Palmolive (CL) Reports In-Line Q2 EPS

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Colgate Announces 2nd Quarter 2021 Results

July 30, 2021 6:55 AM EDT

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

Net sales increased 9.5%, Organic sales* increased 5.0% On a GAAP basis, EPS grew 12% to $0.83; On a Base Business basis, EPS* grew 8% to $0.80 GAAP Gross profit margin and Base Business Gross profit margin* decreased 80 basis points to 60.0% Net cash provided by operations was $1,225 million for the first six months of 2021 Colgates leadership in toothpaste continued with its global market share at 39.3% year to date Colgates leadership in manual toothbrushes continued with its global market share... More