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Consumer staple stocks like Colgate-Palmolive Company (CL), Kimberly-Clark Corporation (KMB), The Coca-Cola Company (KO) and Philip Morris International Inc. (PM) are a safe bet during times of market volatility.
Colgate-Palmolive Company has good growth prospects with revenue growth expected from price increases, especially in emerging markets and Hills Pet Nutrition business. The company's margins should benefit from a favorable price/cost environment, volume leverage, and cost-saving initiatives, leading to continued growth and a healthy dividend yield. Despite a 30% stock price increase, Colgate's strong earnings growth and potential for further upside make it a buy with high single-digit EPS growth expected.
Colgate-Palmolive (CL) could produce exceptional returns because of its solid growth attributes.
Here is how Colgate-Palmolive (CL) and Ollie's Bargain Outlet (OLLI) have performed compared to their sector so far this year.
Colgate's (CL) Q2 results reflect continued gains in volume and pricing, offset by greater negative impacts of currency, leading to robust organic sales growth. CL raises the adjusted EPS view for 2024.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Colgate-Palmolive (CL) have what it takes?
Colgate-Palmolive Company (CL) beat expectations on the top and bottom lines with its second-quarter results Friday, sending its shares toward record highs.
While the top- and bottom-line numbers for Colgate-Palmolive (CL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Colgate-Palmolive (CL) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.77 per share a year ago.
Toothpaste maker Colgate-Palmolive raised its forecasts for annual profit and organic sales on Friday, after beating second-quarter estimates on resilient demand for its high-priced products.