financetom
Business
financetom
/
Business
/
Colgate-Palmolive Fourth-Quarter Sales Unexpectedly Fall; Issues 2025 Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Colgate-Palmolive Fourth-Quarter Sales Unexpectedly Fall; Issues 2025 Outlook
Jan 31, 2025 8:42 AM

11:18 AM EST, 01/31/2025 (MT Newswires) -- Colgate-Palmolive's ( CL ) fourth-quarter earnings came in ahead of Wall Street's estimates, while revenue posted a surprise decline amid weakness in North America and Latin America.

Per-share adjusted earnings came in at $0.91 for the December quarter, up from $0.87 the year before and topping the FactSet-polled consensus of $0.89. Sales slipped 0.1% to $4.94 billion, compared with the Street's view for an increase to $4.98 billion.

The consumer products company's shares fell 4.3% in Friday trading.

Pricing and volume logged gains, though revenue in North America fell 1% and Latin America saw a 7.2% decrease. The metric rose in Europe and Asia Pacific.

Colgate-Palmolive's ( CL ) oral, personal and home care sales fell to $3.8 billion in the fourth quarter from $3.84 billion in the prior-year period. The pet nutrition business revenue rose to $1.14 billion from $1.11 billion.

For 2025, Colgate-Palmolive ( CL ) expects low- to mid-single-digit growth in adjusted EPS. Sales are estimated to be roughly flat. Analysts expect non-GAAP EPS of $3.77 and sales of $20.33 billion for the year. In the previous year, the company's EPS totaled $3.60, while revenue came in at $20.1 billion.

Organic sales this year are projected between the company's long-term target range of 3% to 5% growth.

"We entered 2025 confident in our strategy and in our ability to deliver consistent, compounded growth, to deliver on our guidance and drive strong total shareholder return," Chief Executive Noel Wallace said during an earnings call, according to a FactSet transcript.

Price: 86.22, Change: -4.67, Percent Change: -5.14

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan is a test case for Trump's tariff deals. But talks may be tortuous
Japan is a test case for Trump's tariff deals. But talks may be tortuous
May 25, 2025
TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO, April 27 (Reuters) - Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a filing with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved