Colgate-Palmolive Company (NYSE: CL) reported second quarter 2023 earnings results today.
Net sales increased 7.5% year-over-year to $4.82 billion. Organic sales grew 8%.
Net income attributable to Colgate-Palmolive Company was $502 million, or $0.60 per share, compared to $603 million, or $0.72 per share, last year. Base business EPS grew 7% to $0.77.
Both the top and bottom line numbers beat expectations.
For the full year of 2023, net sales are expected to grow 5-8% and organic sales are expected to grow 5-7%.