Colgate-Palmolive's Q2 2024 Financial Results: An Overview
Friday, 26 July 2024, 11:02
Colgate-Palmolive's Q2 2024 Earnings Overview
Colgate-Palmolive Company (NYSE: CL) has reported robust financial outcomes for the second quarter of 2024. Here are the key highlights:
- Net sales increased by 4.9%, reaching $5 billion.
- Organic sales saw a significant rise of 9%.
- Net income improved to $731 million, translating to $0.89 per share.
- Last year, net income was only $502 million, or $0.60 per share.
- Base business EPS increased by 18% to $0.91.
Conclusion
The latest financial results of Colgate-Palmolive demonstrate a strong performance amid market challenges, indicating potential for continued growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.