Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2022 earnings results today.
Net sales increased 5% year-over-year to $4.62 billion. Organic sales growth was 8.5%.
Net income attributable to Colgate-Palmolive Company was $5 million, or $0.01 per share, compared to $148 million, or $0.18 per share, last year. Adjusted EPS declined 3% to $0.77.
For the full year of 2023, the company expects net sales growth to be 2-5% and organic sales growth to be towards the high end of its long-term targeted range of 3-5%.