Colgate Q4 2019 Earnings Report
Key Takeaways
Colgate-Palmolive reported a 5.5% increase in worldwide Net sales, reaching $4,015 million. Net income was $643 million, with diluted earnings per share at $0.75. The company's organic sales grew by 5.0%, driven by volume and pricing increases, with a contribution from the Filorga acquisition.
Worldwide Net sales increased by 5.5% to $4,015 million.
Net income reached $643 million, and diluted earnings per share were $0.75.
Organic sales grew by 5.0%, with contributions from all operating divisions.
Advertising investment increased by 13% to $426 million.
Colgate
Colgate
Colgate Revenue by Segment
Forward Guidance
The company anticipates net sales growth between 4% and 6% and organic sales growth between 3% and 5%. They also expect gross margin expansion and increased advertising investment.
Positive Outlook
- Expect 4% to 6% net sales growth.
- Expect 3% to 5% organic sales growth.
- Planning for gross margin expansion.
- Planning for increased advertising investment.
- Planning for a mid to high-single-digit increase in earnings per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income