Colgate-Palmolive Co
CL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Zy | LOCK|Q&M | LOCK|#PJ##>cK |
Colgate Earnings: Shares March Higher on Improved Sales Momentum, Leaving the Stock Fairly Valued
Colgate chalked up 2.2% organic sales growth in the fourth quarter, reflecting higher prices. The one blemish was in North America, where sales fell 1.8% organically on 2.3% lower volumes. The adjusted gross margin eroded by a mere 10 basis points to 60.2%.
