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CL's solid pricing strategies and premium innovation drive growth, but macroeconomic challenges and currency headwinds warrant cautious optimism.
NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2024 fourth quarter and full year earnings conference call on Friday, January 31, 2025, at 8:30 a.m. ET. The call will be hosted by Chairman, President and CEO, Noel Wallace, Chief Financial Officer, Stan Sutula, and Chief Investor Relations Officer and EVP, M&A, John Faucher. At approximately 7:00 a.m. ET, the Company will post its prepared materials (in PDF format) regarding its 2024 fourth q.
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
We think that Colgate-Palmolive stock (NYSE: CL) is currently a better pick over its industry peer – Kimberly-Clark stock (NYSE: KMB). CL stock trades at 3.5x trailing revenues, versus 2.1x for KMB.
Procter & Gamble and Colgate-Palmolive are among the defendants in six new lawsuits targeting the sale of toothpaste and mouth rinse for young children because the products contain fluoride, which can be harmful if swallowed.
As of January 9, 2025, the New York Fed's model to predict the likelihood of a recession suggests there is a 29% chance the U.S. will enter a recession sometime in 2025. This figure is down sharply from just two years ago, when the model—which makes predictions based yield spreads between 3-month T-bills and 10-year Treasury bonds—gave a 70% chance of a recession.
When the S&P 500 is roaring higher, it's easy to overlook the benefits of investing in hihg-quality, dividend-paying companies. After all, a 2%, 3%, or even 4% dividend yield doesn't look impressive relative to a 23.3% gain -- which we saw from the S&P 500 in 2024.
Colgate benefits from robust pricing and productivity initiatives. The company's innovation strategy also bodes well.
Colgate-Palmolive's Hill's Pet Nutrition Secures Key Position in Global Pet Care Industry Colgate-Palmolive's Hill's Pet Nutrition Secures Key Position in Global Pet Care Industry
As consumer preferences continue to evolve toward health and value-driven purchases, TSN, STZ, FRPT, PG and CL are well-placed for growth in 2025.