Colgate-Palmolive Company
75.73-1.41 (-1.83%)
Oct 29, 4:00:02 PM EDT · NYSE · CL · USD
Key Stats
Market Cap
61.21BP/E (TTM)
21.27Basic EPS (TTM)
3.56Dividend Yield
0.03%Recent Filings
8-K
Q2 earnings and productivity plan
Colgate-Palmolive reported Q2 2025 net sales up 1.0% to $5.11 billion, with organic growth at 1.8%, while GAAP EPS rose 2% to $0.91 amid tough global markets. The board approved a three-year Productivity Program on July 31, projecting $200-300 million in pre-tax charges through 2028 to streamline operations and fuel 2030 growth. It sharpens focus. Full-year organic sales guidance now targets the low end of 2-4%, factoring in pet sales exits.
10-Q
Q2 FY2025 results
Colgate-Palmolive's Q2 net sales edged up 1.0% y/y to $5.1B, driven by 2.0% pricing gains that offset 1.0% FX headwinds, while volume held flat; organic sales rose 1.8% (derived). Gross margin slipped to 60.1% from 60.6%, pressured by higher raw material costs yet cushioned by funding-the-growth savings and pricing. Operating profit dipped 1% y/y to $1.08B (21.1% margin), but diluted EPS climbed 2.2% to $0.91, reconciling cleanly with 813.3M shares. The $301 Prime100 acquisition closed April 2025, adding $214M goodwill to Hill's Pet Nutrition for fresh pet food entry in Australia, with $58M intangibles amortized over 5-15 years. Cash swelled to $1.215B on $1.484B operating cash flow, supporting $880M dividends and $516M buybacks amid $8.758B total debt; free cash flow hit $1.252B (derived). Yet tariffs could squeeze margins further.
8-K
Colgate appoints new COO Americas
Colgate-Palmolive appointed Shane Grant as Chief Operating Officer, Americas, effective June 16, 2025, bringing his extensive experience from Danone and Coca-Cola to bolster regional leadership. This move coincides with Prabha Parameswaran's planned retirement on October 1, 2025, after her promotion to Vice Chair, alongside promotions for Panagiotis Tsourapas and John Hazlin to key operational roles. Grant's package includes a $1.1 million base salary, 115% target bonus, and $2.5 million in sign-on incentives. Leadership refresh sharpens focus on growth amid transitions.
8-K
Annual meeting elects directors
Colgate-Palmolive's stockholders convened their annual meeting on May 9, 2025, electing all ten proposed directors with strong support—over 90% for most—while rejecting two activist proposals on board independence and plastic policies. The audit firm ratification passed overwhelmingly, and executive pay won advisory approval amid 64 million broker non-votes. Continuity holds firm. No strategic shifts emerged from the routine vote.
8-K
Colgate issues $500M notes
Colgate-Palmolive issued $500 million in 4.200% senior notes due 2030 on May 2, 2025, following an underwriting agreement signed April 28 with Citigroup and Scotia Capital. The notes, governed by a 1992 indenture with The Bank of New York Mellon as trustee, bolster the company's liquidity amid steady market conditions. No specific use of proceeds disclosed. This raises debt while rates remain moderate.
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