Apr. 30, 2015, 7:48 AM
- Colgate-Palmolive (NYSE:CL) reports organic sales rose 4.0% in Q1.
- Organic sales were up 9% in Latin America and 8% in Africa/Eurosia, while Asia lagged with -0.5% growth.
- Global unit volume was up 1.5% during the period.
- The impact of pricing on growth was +2.5%, while F/X chopped into revenue by a a painful 10%.
- Revenue in North America was flat at $789M.
- Gross profit margin rate +40 bps to 58.4%.
- Operating profit margin rate +640 bps to 21.1% with savings on the corporate expense level the biggest contributor the the boost.
- Previously: Colgate-Palmolive EPS and revenue in-line
- CL -1.75% premarket to $67.31.
Mar. 6, 2015, 10:46 AM
- Global consumer staples stocks are weaker than market averages as concerns on market pricing and F/X sit in the background.
- The 1.21% gain in the U.S. Dollar Index isn't going unnoticed by traders.
- Notable decliners include General Mills (NYSE:GIS) -1.6%, Colgate-Palmolive (NYSE:CL) -2.0%, Unilever (NYSE:UL) -1.9%, General Mills (GIS) -1.8%, Mondelez International (NASDAQ:MDLZ) -1.9%, Post Holdings (NYSE:POST) -1.8%, Hershey (NYSE:HSY) -1.8%, Coca-Cola (NYSE:KO) -1.2%.
- The Consumer Staples ETF (NYSEARCA:XLP) is down 1.2% versus S&P 500 -0.4%.
- Other staples ETFs: VDC, FXG, RHS, FSTA, PSL, PSCC
Jan. 29, 2015, 9:28 AM
- 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.
Oct. 24, 2014, 7:17 AM
- Colgate-Palmolive (NYSE:CL) reports organic sales rose 3.5% in Q3.
- Unit volume +2.0%.
- Pricing +1.5%.
- Gross margin rate -40 bps to 58.8%.
- Operating profit margin -150 bps to 23.1%.
- SG&A expense ratio -100 bps to 34.2%.
- CL -2.0% premarket.
Jul. 28, 2014, 3:31 PM
- A number of consumer goods companies that sell widely to retail chains are under-performing market indexes today after Dollar Tree announced it will buy out Family Dollar.
- Consolidation in the retail sector could give some leverage to the store chains as their scale broadens, according to Belus Capital Advisors' Brian Sozzi.
- On watch: PepsiCo (PEP -0.7%), Coca-Cola (KO -0.7%), Kraft Foods (KRFT -0.1%), Procter & Gamble (PG -0.4%), Colgate-Palmolive (CL -0.3%), Energizer Holdings (ENR -0.8%), Kimberly-Clark (KMB -0.3%).
- Related ETFs: XLP, VDC, FXG, IYK, RHS, FSTA, UGE, SZK
Dec. 6, 2013, 10:03 AM
- Consumer staples stocks are getting some run out of a positive read on consumer sentiment and an improvement in the unemployment rate in the U.S. The group is outpacing broader market averages in early action.
- Advancers: Clorox (CLX) +2.2%, Procter & Gamble (PG) +2.0%, Energizer (ENR) +1.9%, Unilever (UL) +1.3%, Colgate-Palmolive (CL) +1.3%, Kimberly Clark (KMB) +1.1%, Avon Products (AVP) +1.0%.
- Related ETFs: XLP, VDC, FXG, RHS, PSL, PSCC, FSTA
Sep. 18, 2013, 9:22 AM
- Shares of Colgate-Palmolive (CL) move up 1% premarket after nabbing an upgrade from Barclays.
- The ratings lift jumps out more than most with peers Procter & Gamble and Clorox both lowered by the investment firm on the same day.
- The steady hand of management at Colgate-Palmolive in guiding the firm through economic turmoil and the board's generous buyback and dividend policies have set it apart from peers, according to analysts.
Apr. 25, 2013, 9:24 AM
Apr. 24, 2013, 10:48 AM
The rough patch hit by Procter & Gamble in emerging markets isn't giving unnoticed by some of its peers with Kimberly-Clark (KMB -1.2%), Colgate-Palmolive (CL -1.7%), and Clorox (CLX -1.5%) all showing weakness. ETF watch: Is the frothy run of consumer staple ETFs (XLP, FXG, VDC) at risk of running out of steam as sector rotation picks up?| Apr. 24, 2013, 10:48 AM | 2 Comments
Jul. 26, 2012, 9:55 AM
Apr. 20, 2012, 12:17 PM
Kimberly-Clark's (KMB +2%) Q1 earnings and revenue beats push shares near 52-week highs. U.S. sales of Huggies diapers have been dropping, but CEO Tom Falk looks on the bright side, pointing to "reasons to believe the birth rate will turn from slightly negative to slightly positive later this year." KMB's strength also boosts PG +1.4%, CL +1.4%, which report earnings next week.| Apr. 20, 2012, 12:17 PM
Jul. 15, 2011, 4:50 PMChris Stuart questions whether Clorox (CLX +8.9%) is really worth $100/share, as Carl Icahn claims it would be to a potential acquirer such PG, UL, CL, or KMB. At $100, Clorox, which recently forecast FY2012 growth of just 1-3%, would trade at nearly 25x its estimated FY2012 EPS. | Jul. 15, 2011, 4:50 PM | 1 Comment