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Mar 31, 2022
Colgate Q1 2022 Earnings Report
Net sales and organic sales increased, but EPS declined due to higher costs.
Key Takeaways
Colgate-Palmolive reported a mixed performance for Q1 2022. Net sales increased by 1.5%, and organic sales grew by 4.0%, driven by higher pricing. However, EPS declined by 18% on a GAAP basis and 8% on a non-GAAP basis due to significant increases in raw material and logistics costs.
Net sales increased by 1.5%, driven by higher pricing.
Organic sales grew by 4.0%.
GAAP EPS declined by 18% to $0.66.
Base Business EPS declined by 8% to $0.74.
Colgate
Colgate
Colgate Revenue by Segment
Forward Guidance
The Company now expects net sales growth to be at the higher end of 1% to 4%, including a low-single-digit negative impact from foreign exchange. The Company now expects organic sales growth to be within the range of 4% to 6%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income