By Denny Jacob
Colgate-Palmolive posted fourth-quarter sales slightly below Wall Street's estimates amid a mixed performance across its divisions.
The New York consumer-products company logged net income of $739 million, or 90 cents a share, compared to $718 million, or 87 cents a share, a year earlier.
Stripping out certain one-time items, earnings were 91 cents a share. Analysts polled by FactSet expected 89 cents a share.
Sales edged down to $4.94 billion from $4.95 billion. Analysts polled by FactSet expected $4.98 billion.
By division, sales in North America and Latin America declined 1% and 7.2%, respectively. Sales in Europe, Asia Pacific and Africa/Eurasia meanwhile grew 4.9%, 3.7%, and 2.8%, respectively. The Hill's pet-food business grew 2.3%.
Colgate-Palmolive forecast 2025 sales to be roughly flat from last year; sales came in at $20.10 billion in 2024.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 31, 2025 07:23 ET (12:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。