The company said net sales for the quarter Q2 2024 rose 4.9% to $5,058 million, and organic sales grew 9.0%. It cited volume +4.7%, pricing +4.2% and foreign exchange -4.1% as components of the sales change.

1. 01

   The company said net sales for the quarter Q2 2024 rose 4.9% to $5,058 million, and organic sales grew 9.0%. It cited volume +4.7%, pricing +4.2% and foreign exchange -4.1% as components of the sales change.

2. 02

   Colgate-Palmolive said diluted GAAP EPS for Q2 rose 48% to $0.89 from $0.60 a year earlier, and Base Business EPS rose 18% to $0.91. It said GAAP operating profit increased 12% to $1,092 million.

3. 03

   The company said GAAP gross profit margin for Q2 was 60.6%, up 280 basis points from 57.8% a year earlier. It also said the GAAP effective tax rate for the same quarter was 24.1%, compared with 39.8% a year earlier.

4. 04

   The company said it still expects net sales growth of 2% to 5% at current spot rates. It raised its organic sales growth outlook to 6% to 8% from 5% to 7% previously. It also adjusted its Base Business EPS growth outlook to 8% to 11% from mid to high-single-digit previously.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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