Colgate-Palmolive Co
CL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Nb< | LOCK|>lP | LOCK|%f$Jvv& |
Colgate Earnings: Global Prowess Untarnished Despite Chilling Marks Emanating From Its Home Turf
Colgate posted 3.6% organic sales growth in the third quarter, driven by higher prices and volumes. Despite inflationary headwinds (300 basis points), adjusted gross margin expanded by 90 basis points to 60.3%, due to pricing, mix, and efficiency gains.
