$CL (-1,99ย %) | Colgate-Palmolive Q3'24 Earnings Highlights
๐น Revenue: $5.03B (Est. $5.01B) ๐ข; UP +2.4% YoY
๐น Base Business EPS: $0.91 (Est. $0.88) ๐ข; UP +6% YoY
Narrowed FY24 Guidance:
๐น Net Sales Growth: 3%-5% (Prev. 2%-5%)
๐น Organic Sales Growth: 7%-8% (Prev. 6%-8%)
๐น Non-GAAP EPS Growth: 10%-11% (Prev. 8%-11%)
Key Performance Metrics:
๐น Organic Sales Growth: +6.8%
๐น Gross Profit Margin (GAAP): 61.1% (vs. 58.5% YoY)ย
๐น Base Business Gross Profit Margin: 61.3%; UP +270 bps YoY
Divisional Organic sales :
๐ธ North America: -1.9%
๐ธ Latin America: +14.2%
๐ธ Europe: +6.3%
๐ธ Asia Pacific: +6.1%
๐ธ Hill's Pet Nutrition: +6.5%