Colgate-Palmolive Co
CL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $hw | LOCK|G%> | LOCK|w%?g&>^N |
Colgate Earnings: Prudent Long-Term Investments Should Continue to Buoy Profitable Sales Growth
Colgate's organic sales edged up 1.8% in the second quarter (driven by 2% higher prices). While a marked step-down from its recent mid- to high-single-digit cadence of top-line growth, the firm was lapping 9% gains in the year-ago period. Adjusted gross margin retreated 70 basis points to 60.1%.
