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Colgate-Palmolive outshines peers

Jan. 29, 2015 9:28 AM ETColgate-Palmolive Company (CL) StockCLBy: Clark Schultz, SA News Editor
  • Colgate-Palmolive (NYSE:CL) is higher in early action after topping Q4 estimates.
  • Global volume was up 2.5% during the period.
  • Organic sales in emerging markets rose 9.5% Y/Y and 6% overall.
  • The pace of organic sales growth topped Procter & Gamble and Kimberly-Clark for a roughly overlapping period.
  • The company cut its forecast for 2015 EPS growth to a low single-digit rate on F/X concerns in a widely anticipated action.
  • Previously: Colgate-Palmolive beats by $0.02, misses on revenue
  • CL +5.2% premarket.

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