Colgate-Palmolive (CL) Tops Q3 EPS by 2c, Offers Guidance

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Colgate Announces 3rd Quarter 2021 Results

October 29, 2021 6:55 AM EDT

 

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

Net sales increased 6.5%, Organic sales* increased 4.5% On a GAAP basis, EPS declined 7% to $0.75; On a Base Business basis, EPS* grew 3% to $0.81 GAAP Gross profit margin and Base Business Gross profit margin* decreased 180 basis points to 59.4% Net cash provided by operations was $2,219 million for the first nine months of 2021 Colgates leadership in toothpaste continued with its global market share at 39.5% year to date Colgates leadership in manual toothbrushes continued with its global market share... More