$CL (+0.76%) | Colgate-Palmolive Q3'24 Earnings Highlights

🔹 Revenue: $5.03B (Est. $5.01B) 🟢; UP +2.4% YoY

🔹 Base Business EPS: $0.91 (Est. $0.88) 🟢; UP +6% YoY

Narrowed FY24 Guidance:

🔹 Net Sales Growth: 3%-5% (Prev. 2%-5%)

🔹 Organic Sales Growth: 7%-8% (Prev. 6%-8%)

🔹 Non-GAAP EPS Growth: 10%-11% (Prev. 8%-11%)

Key Performance Metrics:

🔹 Organic Sales Growth: +6.8%

🔹 Gross Profit Margin (GAAP): 61.1% (vs. 58.5% YoY) 

🔹 Base Business Gross Profit Margin: 61.3%; UP +270 bps YoY

Divisional Organic sales :

🔸 North America: -1.9%

🔸 Latin America: +14.2%

🔸 Europe: +6.3%

🔸 Asia Pacific: +6.1%

🔸 Hill's Pet Nutrition: +6.5%