Colgate-Palmolive Co
CL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| FlX | LOCK|R^v | LOCK|>X&dH>? |
Colgate-Palmolive Earnings: Solid Sales Growth Tainted by a Dim Outlook; Shares Far From a Bargain
The last three months of Colgate's fiscal 2024 culminated in 4.3% organic sales growth (balanced between a 2.5% increase in volumes and a 1.8% benefit from higher prices) and 70 basis points of adjusted gross margin improvement to 60.3%.
