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Colgate-Palmolive Stock Falls as Foreign Exchange Rates Hurt Sales, Outlook
CLColgate-Palmolive(CL) Investopedia·2025-01-31 16:40

Group 1 - Colgate-Palmolive (CL) shares fell 5% after missing revenue forecasts and providing weak guidance due to foreign exchange impacts [1][5] - The company reported a revenue decline of 0.1% to 4.94billion,missingtheanticipated4.94 billion, missing the anticipated 4.98 billion [1][5] - Adjusted earnings per share (EPS) of 0.91exceededforecasts[1]Group2Foreignexchangeratesnegativelyimpactedrevenueby4.40.91 exceeded forecasts [1] Group 2 - Foreign exchange rates negatively impacted revenue by 4.4%, with Latin America experiencing a sales slump of 7.2% [2] - Sales in North America decreased by 1.0%, while Europe, Asia-Pacific, and Africa/Eurasia saw increases of 4.9%, 3.7%, and 2.8% respectively [2] - Sales at Hill's, which represents the largest percentage of total revenue, rose by 2.3% [2] Group 3 - CEO Noel Wallace stated that the company met its goals for the year, focusing on peer-leading growth and future investment [3] - For 2025, Colgate expects revenue to be "roughly flat" from 2024's 20.1 billion, anticipating a mid-single-digit negative impact from foreign exchange [3] - Visible Alpha estimates for 2025 revenue were $20.3 billion [3] Group 4 - Despite the recent drop, Colgate-Palmolive shares remain slightly higher over the past year [4]