Colgate-Palmolive Eyes Strong Levels of Brand Investment Following Q1 Performance, Raises Annual Revenue Growth Outlook Why Colgate-Palmolive Shares Are…

benzinga.com/news/earnings/24/04/38458854/colgate-palmolive-eyes-strong-levels-of-brand-investment-following-q1-performance-raises-annual-rev

Colgate-Palmolive Company CL shares are trading slightly higher after the consumer giant reported first-quarter FY24 sales growth of 6.2% year-on-year to $5.065 billion, beating the analyst consensus estimate of $4.956 billion.
Organic sales increased by 9.8%. Total Oral, Personal, and Home Care net sales increased by 6.8% to $3.96 billion.
Non-GAAP EPS of $0.86 beat the…

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