BUZZ-Colgate-Palmolive slips on flat annual sales forecast

Reuters

2025/01/31

** Toothpaste maker Colgate-Palmolive's CL.N shares down 2.95% at $88.21 premarket

** Company expects FY25 net sales to be flat, below analysts' expectations of a 1.3% increase, according to data compiled by LSEG

** Posts Q4 net sales of $4.94 billion, narrowly missing estimates of $4.97 billion

** North America business net sales decline 1%, while for Latin America, sales down 7.2% in qtr

** Logs adjusted earnings per share of 91 cents, beating analysts' estimates of 89 cents

** CL stock rose about 14% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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