Colgate-Palmolive Co
CL: XNYS (USA)
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Colgate-Palmolive Earnings: Solid Sales Growth Tainted by a Dim Outlook; Shares Far From a Bargain
The last three months of Colgate's fiscal 2024 culminated in 4.3% organic sales growth (balanced between a 2.5% increase in volumes and a 1.8% benefit from higher prices) and 70 basis points of adjusted gross margin improvement to 60.3%.
