Colgate-Palmolive Company (NYSE: CL) reported third quarter 2023 earnings results today.
Net sales increased 10.5% year-over-year to $4.9 billion. Organic sales increased 9%.
Net income attributable to Colgate-Palmolive Company was $708 million, or $0.86 per share, compared to $618 million, or $0.74 per share, last year. Adjusted EPS increased 16% to $0.86.
Both revenue and earnings beat expectations.
For the full year of 2023, the company expects net sales growth of 6-8% and organic sales growth of 7-8%.
The stock gained over 1% on Friday.
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