Colgate (CL) Q4 Earnings & Sales Beat Estimates, '24 View Issued

Colgate-Palmolive Company (CL) reported fourth-quarter 2023 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansion.On a Base Business basis (non-GAAP basis), earnings were 87 cents per share, up 13% from the prior-year period. The bottom line surpassed the Zacks Consensus Estimate of 85 cents.Net sales of $4,950 million increase ...