Colgate-Palmolive Company (CL) manufactures and sells consumer products internationally. The company operates through two segments, Oral, Personal, and Home Care; and Pet Nutrition. The stock has gained 2.3% over the past year and 3.8% over the past nine months.
The company raised its organic sales growth guidance for the full year 2022 to 5% to 7%. Noel Wallace, Chairman, President, and CEO of CL, said, “Our focus on premium innovation, brand building and digital capabilities drove broad-based organic sales growth, with growth in every division and all four of our categories, including double-digit organic sales growth in oral care and pet nutrition.”
