BUZZ-Colgate-Palmolive slips on flat annual sales forecast
ReutersJan 31, 2025 1:13 PM
Toothpaste maker Colgate-Palmolive's CL.N shares down 2.95% at $88.21 premarket
Company expects FY25 net sales to be flat, below analysts' expectations of a 1.3% increase, according to data compiled by LSEG
Posts Q4 net sales of $4.94 billion, narrowly missing estimates of $4.97 billion
North America business net sales decline 1%, while for Latin America, sales down 7.2% in qtr
Logs adjusted earnings per share of 91 cents, beating analysts' estimates of 89 cents
CL stock rose about 14% in 2024
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