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BRIEF-Colgate Announces 1St Quarter 2022 Results

BRIEF-Colgate Announces 1St Quarter 2022 Results

reuters.com · 04/29/2022 07:20
BRIEF-Colgate Announces 1St Quarter 2022 Results

- Colgate-Palmolive Co CL.N:

  • COLGATE ANNOUNCES 1ST QUARTER 2022 RESULTS

  • Q1 EARNINGS PER SHARE $0.74

  • QTRLY ORGANIC SALES INCREASED 4.0%

  • ON A BASE BUSINESS BASIS, QTRLY EPS DECLINED 8% TO $0.74

  • QTRLY NORTH AMERICA NET SALES ROSE 0.5%

  • EXPECT DIFFICULT COST ENVIRONMENT TO CONTINUE FOR NEXT SEVERAL QUARTERS

  • QTRLY LATIN AMERICA NET SALES ROSE 5.5%

  • COLGATE-PALMOLIVE - NOW EXPECTS 2022 NET SALES GROWTH TO BE AT HIGHER END OF 1% -4%, INCLUDING LOW-SINGLE-DIGIT NEGATIVE IMPACT FROM FOREIGN EXCHANGE

  • NOW EXPECTS 2022 ORGANIC SALES GROWTH TO BE WITHIN RANGE OF 4% TO 6%

  • Q1 EARNINGS PER SHARE VIEW $0.74, REVENUE VIEW $4.40 BILLION -- REFINITIV IBES DATA

  • FY2022 REVENUE VIEW $17.85 BILLION -- REFINITIV IBES DATA

  • QTRLY GAAP EPS $0.66

Source text for Eikon: ID:nBw61Nthya

Further company coverage: CL.N


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