ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.
Colgate Palmolive Co

Colgate Palmolive Co (CL)

97.25
-0.82
(-0.84%)
At close: July 15 4:00PM
97.25
0.00
( 0.00% )
After Hours: 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
97.25
Bid
-
Ask
-
Volume
3,088,229
97.21 Day's Range 98.30
67.62 52 Week Range 99.08
Market Cap
Previous Close
98.07
Open
98.09
Last Trade
40
@
97.1
Last Trade Time
16:01:41
Financial Volume
$ 302,109,411
VWAP
97.8261
Average Volume (3m)
4,087,127
Shares Outstanding
820,441,114
Dividend Yield
2.02%
PE Ratio
34.76
Earnings Per Share (EPS)
2.8
Revenue
19.46B
Net Profit
2.3B

About Colgate Palmolive Co

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants, and home care products that are sold in over 200 countries (international sales account fo... Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants, and home care products that are sold in over 200 countries (international sales account for about 70% of its consolidated total, including approximately 45% from emerging regions). It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers. Show more

Sector
Perfume,cosmetic,toilet Prep
Industry
Perfume,cosmetic,toilet Prep
Headquarters
Wilmington, Delaware, USA
Founded
1970
Colgate Palmolive Co is listed in the Perfume,cosmetic,toilet Prep sector of the New York Stock Exchange with ticker CL. The last closing price for Colgate Palmolive was $98.07. Over the last year, Colgate Palmolive shares have traded in a share price range of $ 67.62 to $ 99.08.

Colgate Palmolive currently has 820,441,114 shares outstanding. The market capitalization of Colgate Palmolive is $80.46 billion. Colgate Palmolive has a price to earnings ratio (PE ratio) of 34.76.

Colgate Palmolive (CL) Options Flow Summary

Overall Flow

Bullish

Net Premium

4M

Calls / Puts

400.00%

Buys / Sells

150.00%

OTM / ITM

25.00%

Sweeps Ratio

0.00%

CL Latest News

Colgate-Palmolive Webcasts 2024 Second Quarter Earnings Conference Call July 26, 2024 – 8:30 a.m. ET

Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2024 second quarter earnings conference call on Friday, July 26, 2024, at 8:30 a.m. ET. The call will be hosted by Chairman...

Colgate Declares Regular Quarterly Dividend

The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.50 per common share, payable on August 15, 2024, to shareholders of record on July 19...

Colgate-Palmolive Webcasts Fireside Chat at the Evercore ISI Consumer & Retail Conference

Colgate-Palmolive (NYSE:CL) Chief Investor Relations Officer and EVP, M&A, John Faucher will participate in a virtual fireside chat at the Evercore ISI Consumer & Retail Conference on...

Colgate-Palmolive Webcasts Fireside Chat at the dbAccess Global Consumer Conference

Colgate-Palmolive (NYSE:CL) Chairman, President and CEO, Noel Wallace will participate in a fireside chat at the dbAccess Global Consumer Conference in Paris on Wednesday, June 5, 2024 at 5:15 am...

Tom's of Maine s'engage à verser 10 % de ses bénéfices annuels à l'organisme de bienfaisance Water First

Tom's of Maine s'engage à verser 10 % de ses bénéfices annuels à l'organisme de bienfaisance Water First Canada NewsWire TORONTO, le 22 mai 2024 Tom's of Maine...

Tom's of Maine Pledges Ten Per Cent of Annual Earnings to Canadian-Based Charity Water First

Tom's of Maine Pledges Ten Per Cent of Annual Earnings to Canadian-Based Charity Water First Canada NewsWire TORONTO, May 22, 2024 10 per cent of Tom's of Maine annual profits in Canada...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.020.020569782988897.2398.63596.49305438797.55216229CS
42.722.8773934200894.5399.0894.0878379152397.34879272CS
129.9211.359212183787.3399.0887.24408712794.07474101CS
2616.2520.06172839518199.0879.69435495689.09670327CS
5220.9627.474111941376.2999.0867.62438615782.03921219CS
15613.9216.704668186783.3399.0867.62452599178.86553777CS
26022.8330.677237301874.4299.0858.49433283177.32424515CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
AAGRAfrican Agriculture Holdings Inc
$ 0.00
(0.00%)
0
AADRAdvisorShares Dorsey Wright ADR ETF
$ 0.00
(0.00%)
0
AADIAadi Bioscience Inc
$ 0.00
(0.00%)
0
AACIArmada Acquisition Corporation I
$ 0.00
(0.00%)
0
AACGATA Creativity Global
$ 0.00
(0.00%)
0
AAGRAfrican Agriculture Holdings Inc
$ 0.00
(0.00%)
0
AADRAdvisorShares Dorsey Wright ADR ETF
$ 0.00
(0.00%)
0
AADIAadi Bioscience Inc
$ 0.00
(0.00%)
0
AACIArmada Acquisition Corporation I
$ 0.00
(0.00%)
0
AACGATA Creativity Global
$ 0.00
(0.00%)
0
AAGRAfrican Agriculture Holdings Inc
$ 0.00
(0.00%)
0
AADRAdvisorShares Dorsey Wright ADR ETF
$ 0.00
(0.00%)
0
AADIAadi Bioscience Inc
$ 0.00
(0.00%)
0
AACIArmada Acquisition Corporation I
$ 0.00
(0.00%)
0
AACGATA Creativity Global
$ 0.00
(0.00%)
0

CL Discussion

View Posts
Monksdream Monksdream 4 months ago
CL new 52 week hi
👍️0
Monksdream Monksdream 6 months ago
CL new 52=week high
👍️0
Monksdream Monksdream 6 months ago
CL new 52 week high
👍️0
Alex2365 Alex2365 1 year ago
Moving Average Golden Cross @81.26. Waiting for the next move.
👍️0
nowwhat2 nowwhat2 3 years ago
Yield = 2.6

Colgate-Palmolive Co. and Koninklijke Philips NV on Tuesday said they have launched a long-term collaboration in an effort to increase the use of electric toothbrushes in Latin America.

The consumer-products makers said they will offer a co-branded portfolio of various electric toothbrushes across a range of price points in the region, where brushing is high but the use of electric toothbrushes is low.

Colgate and Philips said the collaboration is limited to certain countries in Latin America, adding that they will continue to commercialize their oral-care products separately in other markets.











Need more money ?.....Just buy stocks.......You will never lose.



Colgate !................Corn Flakes !................John Deere !............Cat !





It's so NICE to NEVER lose !......Note : Only on Canadian Commodity stocks you'll lose





On everything else you will WIN.....Look !




Yes indeed back then, that actually DID happen !




So....


Invest in Tootsie Roll and Bleach - ALWAYS will need more bleach













👍️0
giveit2me giveit2me 4 years ago
still the best dish soap
👍️0
giveit2me giveit2me 4 years ago
dishwasher broke, wife made me wash the dishes, i noticed Palmolive is waaay more dilluted than 25-30 years ago. back then it was thicker, nice way to make money
👍️0
TFMG TFMG 5 years ago
$CL Struggling to find any support for commodities.

There just does not seem to be any reason or data to bring any relief to the commodities market. Global slowdown looks a increasing risk as Mr Trump wages trade wars with half the world. The supply chain continues to grow while demand decreases, even tensions in the Persian gulf has not helped stabilise the markets. In our opinion it is a no go zone for inexperienced investors/traders to be trying to catch the bottom, one tweet could liquidate you.

👍️0
joe_techi joe_techi 6 years ago
Today saw prices not seen since early 2017. Picked some up for long term growth and dividend reinvestment
👍️0
ITMS ITMS 6 years ago
Know This Trade Level For This Consumer Staples Stock

Since interest rates have been rising many of the leading consumer staples stocks have been under pressure. Today, Colgate-Palmolive Co (NYSE:CL) is trading lower by $0.58 to $69.34 a share. This leading consumer goods stock topped out on January 19, 2018 at $77.91 a share. Since that high pivot price in the stock the share have fallen below the important 50 and 200-day moving averages. This is putting the stock in a weak technical position on the charts. The next major support area for CL stock will be around the $66.00 level. This is where the stock will look very attractive for a long side trade.





Nicholas Santiago
InTheMoneyStocks
👍️0
Cheds Cheds 6 years ago
Not so fast
👍️0
Avidfisher Avidfisher 7 years ago
Get ready for low 60's
👍️0
Avidfisher Avidfisher 7 years ago
This is about to take a cataclysmic dump, they're getting ready to sink a billion into their Hills pet food brand that's already struggling for years.
👍️0
stocktrademan stocktrademan 7 years ago
CL buy option 74.21

buy 17 NOV 17 80 call for 2.43

some think there is a buyout possibly in store
https://www.fool.com/investing/2017/05/17/colgate-palmolive-stock-rises-on-buyout-speculatio.aspx?yptr=yahoo









normal chart




log chart



👍️0
nowwhat2 nowwhat2 7 years ago
Old chart :




Current chart :




That top chart/joke - It NAILED the peak

.

👍️0
ValueInvestor15 ValueInvestor15 7 years ago
Colgate-Palmolive $CL trading at a 6% premium prior to earnings Friday:

Fair Value Analysis
👍️0
Drmicrocap Drmicrocap 8 years ago
IN THE NEWS: CL
👍️0
Drmicrocap Drmicrocap 8 years ago
"Whisper Number"
👍️0
Drmicrocap Drmicrocap 8 years ago


http://drmicrocap.blogspot.com/2016/09/colgate-palmolive-co-cl-eps-estimate-75.html

👍️0
stocktrademan stocktrademan 8 years ago
CL bullish 74.09




👍️0
stocktrademan stocktrademan 9 years ago
bullish cup and handle pattern



$CL DD Notes ~ http://www.ddnotesmaker.com/CL

$CL recent news/filings

## source: finance.yahoo.com

Mon, 23 Mar 2015 09:21:54 GMT ~ McDonald’s UK CEO Jill McDonald swaps burgers for bikes and car parts


read full: http://fortune.com/2015/03/23/mcdonalds-uk-ceo-jill-mcdonald-swaps-burgers-for-bikes-and-car-parts/?xid=yahoo_fortune
*********************************************************

Sun, 22 Mar 2015 17:31:52 GMT ~ Apple Inc. (AAPL) & Alibaba Group Holding Ltd (BABA) Among Five Companies Likes By Five Great Billionaire Investors


read full: http://www.insidermonkey.com/blog/apple-inc-aapl-alibaba-group-holding-ltd-baba-among-five-companies-likes-by-five-great-billionaire-investors-340905/
*********************************************************

Fri, 20 Mar 2015 17:24:00 GMT ~ Nike's Profit Margins: Is the Sky the Limit?


read full: http://blogs.barrons.com/stockstowatchtoday/2015/03/20/nike-just-how-high-can-its-profit-margins-go/?mod=yahoobarrons&ru=yahoo
*********************************************************

Tue, 17 Mar 2015 17:09:16 GMT ~ A new tool to measure trend strength: the Grimes Efficiency Ratio


read full: http://finance.yahoo.com/tumblr/blog-a-new-tool-to-measure-trend-strength-the-grimes-efficien-171333716.html
*********************************************************

Tue, 17 Mar 2015 12:28:00 GMT ~ 3 Favorite Dividend Stocks at Hedge Fund Renaissance Technologies


read full: http://www.thestreet.com/story/13080586/1/3-favorite-dividend-stocks-at-hedge-fund-renaissance-technologies.html?puc=yahoo&cm_ven=YAHOO
*********************************************************


$CL charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$CL company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/CL/company-info
Ticker: $CL
OTC Market Place: Not Available
CIK code: 0000021665
Company name: Colgate-Palmolive Co.
Company website: http://www.colgate.com
Incorporated In: DE, USA


$CL share structure

## source: otcmarkets.com

Market Value: $63,096,607,365 a/o Mar 20, 2015
Shares Outstanding: 907,081,762 a/o Jan 31, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 1
$CL extra dd links

Company name: Colgate-Palmolive Co.
Company website: http://www.colgate.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CL+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CL/news - http://finance.yahoo.com/q/h?s=CL+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CL
DTCC (dtcc.com): http://search2.dtcc.com/?q=Colgate-Palmolive+Co.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Colgate-Palmolive+Co.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Colgate-Palmolive+Co.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.colgate.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.colgate.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.colgate.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CL/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000021665&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CL+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CL/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CL



$CL DD Notes ~ http://www.ddnotesmaker.com/CL
👍️0
Drmicrocap Drmicrocap 10 years ago
Colgate-Palmolive Webcasts 2014 First Quarter Earnings Conference Call April 25, 2014 – 11:00 a.m. ET
Business Wire Colgate-Palmolive Company
April 11, 2014 10:47 AM

NEW YORK--(BUSINESS WIRE)--

Colgate-Palmolive Company (CL) will provide a live webcast of its 2014 first quarter earnings conference call on Friday, April 25, 2014 at 11:00 a.m. ET. The call will be hosted by Chairman, President and CEO, Ian Cook, and Senior Vice President - Investor Relations, Bina Thompson.

Investors may access a live webcast of this conference call on Colgate’s web site at http://www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the ‘For Investors’ page of Colgate’s web site.

* * *

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Soupline, and Suavitel, as well as Hill's Science Diet, Hill's Prescription Diet and Hill’s Ideal Balance. For more information about Colgate's global business, visit the Company's web site at http://www.colgatepalmolive.com. To learn more about Colgate’s global oral health education program, Bright Smiles, Bright Futures™, please visit http://www.colgatebsbf.com. CL-E


Contact:
Colgate-Palmolive Company
Bina Thompson, 212-310-3072
Hope Spiller, 212-310-2291
👍️0
wapsi wapsi 10 years ago
Nice news after the bell
👍️0
wapsi wapsi 10 years ago
Rumors of buy outs being talked about on CNBC
👍️0
Drmicrocap Drmicrocap 10 years ago
Colgate Announces 4th Quarter and Full Year 2013 Results
Strong Organic Sales Growth Worldwide
Business Wire Colgate-Palmolive Company
1 hour ago
NEW YORK--(BUSINESS WIRE)--

Colgate-Palmolive Company (CL) today reported worldwide Net sales of $4,361 million in fourth quarter 2013, an increase of 2.0% versus fourth quarter 2012. Global unit volume grew 6.5%, pricing was even with the year ago quarter and foreign exchange was negative 4.5%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 6.5%.

Net income and Diluted earnings per share in fourth quarter 2013 were $564 million and $0.60, respectively. Net income in fourth quarter 2013 included $133 million ($0.15 per diluted share) of aftertax charges resulting from the implementation of the previously disclosed four-year Global Growth and Efficiency Program (the “2012 Restructuring Program”), a charge associated with an existing European competition law matter and costs associated with the sale of land in Mexico.

Net income and Diluted earnings per share in fourth quarter 2012 were $598 million and $0.63, respectively. Net income in fourth quarter 2012 included aftertax charges of $73 million ($0.07 per diluted share) resulting from the items described in Table 8.

Excluding the above noted items in both periods, Net income in fourth quarter 2013 was $697 million, an increase of 4% versus fourth quarter 2012, and Diluted earnings per share in fourth quarter 2013 was $0.75, an increase of 7% versus fourth quarter 2012.

Gross profit margin was 58.9% in fourth quarter 2013 versus 58.4% in the year ago quarter. Excluding the above noted items in both periods, Gross profit margin was 59.1% in fourth quarter 2013, an increase of 50 basis points versus the year ago quarter, as cost savings from the Company’s funding-the-growth initiatives more than offset higher raw and packaging material costs which included the impact of foreign exchange transaction costs.

Selling, general and administrative expenses were 37.0% of Net sales in fourth quarter 2013 versus 34.7% of Net sales in fourth quarter 2012. Excluding the above noted items in both periods, Selling, general and administrative expenses decreased by 10 basis points to 34.5% of Net sales in fourth quarter 2013, as an increase in advertising investment was more than offset by a decrease in overhead expenses, both as a percentage of Net sales. Worldwide advertising investment increased 3% versus the year ago quarter to $445 million.

Operating profit decreased 5% to $892 million in fourth quarter 2013 compared to $942 million in fourth quarter 2012. Excluding the above noted items in both periods, Operating profit increased 4% to $1,074 million.

Net cash provided by operations year to date was $3,204 million compared to $3,196 million in the comparable 2012 period, as strong operating earnings and a continued tight focus on working capital were offset by higher cash spending related to the 2012 Restructuring Program. Free cash flow before dividends (Net cash provided by operations less Capital expenditures) exceeded 100% of Net income. Working capital as a percentage of Net sales was 0.7%, even with the year ago period.

For the full year 2013, worldwide Net sales were $17,420 million, up 2.0% versus full year 2012. Global unit volume grew 5.0%, pricing increased 1.0% and foreign exchange was negative 4.0%. Organic sales grew 6.0%.

Net income and Diluted earnings per share for full year 2013 were $2,241 million and $2.38, respectively. Full year 2013 results include $424 million ($0.46 per diluted share) of aftertax charges resulting from the implementation of the 2012 Restructuring Program, the one-time charge relating to the remeasurement of the Venezuela balance sheet as a result of the currency devaluation in Venezuela, a charge associated with a European competition law matter and costs associated with the sale of land in Mexico.

Net income and Diluted earnings per share for full year 2012 were $2,472 million and $2.57, respectively. As previously disclosed, full year 2012 results included net aftertax charges of $102 million ($0.11 per diluted share) resulting from the items described in Table 9.

Excluding the items noted above in both periods, Net income for full year 2013 increased 4% versus full year 2012 and Diluted earnings per share increased 6% versus full year 2012.

Gross profit margin was 58.6% for full year 2013 versus 58.1% in full year 2012. Excluding the items noted above in both periods, Gross profit margin was 58.8% in full year 2013, up 50 basis points versus full year 2012, as higher pricing and cost savings from the Company’s funding-the-growth initiatives more than offset the impact of increases in raw and packaging material costs and foreign exchange transaction costs.

Ian Cook, Chairman, President and Chief Executive Officer, commented on the results and outlook excluding the 2013 and 2012 items noted above, “We are delighted to have ended the year with another quarter of strong growth on both the top and bottom lines. For the eleventh consecutive quarter, operating profit, net income and diluted earnings per share all increased versus the year ago period.

“The strong 6.5% organic sales growth was led by the emerging markets, where organic sales grew a robust 10.5%. Our strong top-line momentum should continue into 2014, fueled by new products across all categories and in all geographies.

“Pleasingly, the increase in gross profit margin during the quarter, combined with a reduction in overhead costs funded an increase in advertising spending behind Colgate’s brands, both absolutely and as a percent to sales, driving market share performance worldwide.

“Colgate’s leading global market shares in toothpaste and manual toothbrushes remain strong at 44.9% and 32.8%, respectively, on a year-to-date basis. We continue to make great progress in mouthwash as well, with our global market share in that category reaching a record high at 17.0% year to date, up 130 basis points versus prior year.

“Our 2012 Restructuring Program is on track and proceeding smoothly. We also continue to be sharply focused on our aggressive worldwide funding-the-growth programs and our strategic pricing initiatives.”

Mr. Cook concluded, “As we look ahead to 2014, based on the Company’s current growth momentum and our confidence in the strength of our global growth and efficiency program, we are planning for a year of gross margin expansion and strong earnings per share growth in line with the consensus of external analyst estimates, excluding charges related to the 2012 Restructuring Program. This takes into account recent movements in foreign exchange rates but excludes the impact of the recent economic announcements in Venezuela, which we are still evaluating.”

At 11:00 a.m. ET today, Colgate will host a conference call to elaborate on fourth quarter results. To access this call as a webcast, please go to Colgate’s web site at http://www.colgatepalmolive.com.

The following are comments about divisional performance for fourth quarter 2013 versus the year ago period. See attached Geographic Sales Analysis Percentage Changes and Segment Information schedules for additional information on divisional net sales and operating profit.

North America (18% of Company Sales)

North America Net sales increased 2.5% in fourth quarter 2013. Unit volume increased 4.0% with 1.0% lower pricing and 0.5% negative foreign exchange. Organic sales increased 3.0% during the quarter.

Operating profit in North America increased 5% in fourth quarter 2013 to $241 million, or 70 basis points to 31.2% of Net sales. This increase in Operating profit was primarily due to an increase in Gross profit, which was partially offset by an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was mainly driven by cost savings from the Company’s funding-the-growth initiatives, which were partially offset by higher raw and packaging material costs and lower pricing. This increase in Selling, general and administrative expenses was driven by increased advertising investment, which more than offset lower overhead expenses.

In the U.S., new product launches are contributing to volume growth across categories. Market share gains year to date were seen in manual toothbrushes, powered toothbrushes, mouthwash, dish liquids and fabric conditioners. In toothpaste, the success of Colgate Optic White and Colgate Optic White Dual Action toothpastes helped drive market share for the Colgate Optic White brand to 5.3% year to date, up 0.2 share points versus year ago. Strong sales of Colgate Total, Colgate Max Fresh Cool Scrub, Colgate Sensitive SmartFoam with Whitening and Tom’s of Maine toothpastes also contributed to volume growth in the quarter.

In manual toothbrushes, Colgate continued its brand market leadership with its market share in that category reaching a record 38.1% year to date, up 2.1 share points versus year ago. This success was driven by strong sales of Colgate 360° Optic White, Colgate 360° Total Advanced Floss Tip bristles, Colgate Extra Clean and Colgate Slim Soft manual toothbrushes.

Successful products driving volume growth in the U.S. in other categories include Colgate Total Advanced Pro-Shield and Colgate Optic White mouthwashes, Palmolive Soft Touch and Palmolive Lotus Blossom & Lavender dish liquids and Suavitel fabric conditioner.

Exciting new products planned for launch in first quarter 2014 include Colgate Optic White manual toothbrush + built-in whitening pen, Colgate Optic White Platinum Whiten and Protect toothpaste, Speed Stick Gear deodorants with new DryCore technology, Softsoap brand Décor Collection liquid hand soaps, Suavitel Fast Dry fabric conditioner and Palmolive Dish & Sink dish washing liquid.

Latin America (29% of Company Sales)

Latin America Net sales increased 1.0% in fourth quarter 2013. Unit volume increased 10.0% with 2.5% higher pricing and 11.5% negative foreign exchange. Volume gains were led by Venezuela, Brazil, Mexico and Colombia. Organic sales for Latin America increased 12.5% during the quarter.

Operating profit in Latin America increased 3% in fourth quarter 2013 to $363 million, or 50 basis points to 28.7% of Net sales. This increase in Operating profit was primarily due to a decrease in Selling, general and administrative expenses, which was partially offset by a decrease in Gross profit, both as a percentage of Net sales. This decrease in Gross profit was due to higher costs, primarily in Venezuela, which were partially offset by cost savings from the Company’s funding-the-growth initiatives and the benefits of pricing. This decrease in Selling, general and administrative expenses was due to lower overhead expenses and decreased advertising investment, the latter due to the timing of new product launches.

Colgate’s strong leadership in oral care throughout Latin America continued during the quarter with year-to-date toothpaste market share gains in Brazil, Chile, Uruguay, the Dominican Republic and Puerto Rico. Strong sales of Colgate Luminous White, Colgate Luminous White Advanced, Colgate Total Professional Gum Health and Colgate Maximum Cavity Protection plus Neutrazucar toothpastes drove volume growth throughout the region. Colgate strengthened its leadership of the manual toothbrush market throughout the region, driven by strong sales of Colgate 360° Luminous White, Colgate Triple Action and Colgate Premier Clean manual toothbrushes. In mouthwash, Colgate’s strong market share performance continues throughout the region, driven by the success of Colgate Luminous White, Colgate Plax Fresh Tea and Colgate Plax 2 in 1 mouthwashes.

Products in other categories contributing to volume growth include Protex Men, Protex Vitamin E, Palmolive Naturals Olive and Aloe and Palmolive Naturals Argan Oil bar soaps and Axion Oats dish liquid.

Europe/South Pacific (19% of Company Sales)

Europe/South Pacific Net sales decreased 0.5% in fourth quarter 2013. Unit volume increased 2.5% with 4.5% lower pricing and 1.5% positive foreign exchange. Excluding divested businesses, unit volume increased 3.0%. Volume gains in the United Kingdom, Australia and Poland more than offset volume declines in France and Germany. Organic sales for Europe/South Pacific decreased 1.5%.

Operating profit in Europe/South Pacific increased 7% in fourth quarter 2013 to $200 million, or 160 basis points to 23.7% of Net sales. This increase in Operating profit was primarily due to an increase in Gross profit, which was partially offset by an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was primarily driven by savings from the Company’s funding-the-growth initiatives, which were partially offset by lower pricing. This increase in Selling, general and administrative expenses was driven by increased advertising investment, which was partially offset by lower overhead expenses.

Colgate strengthened its oral care leadership in the Europe/South Pacific region with toothpaste share gains led by the United Kingdom, Switzerland, Poland, Germany, Austria, Czech Republic, the Netherlands, Croatia and Serbia. Successful premium products driving share gains include Colgate Max White One Luminous, Colgate Max Fresh ActiClean with SmartFoam and Colgate Total Pro Interdental toothpastes. In the manual toothbrush category, Colgate 360° Interdental and Colgate Slim Soft manual toothbrushes contributed to volume growth throughout the region.

Recent premium innovations contributing to volume growth in other product categories include Colgate Max White One and Colgate Plax Complete Care mouthwashes, Colgate ProClinical electric toothbrush, Sanex Surgras and Palmolive Mediterranean Moments shower gels, Palmolive Hygiene-Plus liquid hand soap, Paic Excel + dish liquid and Soupline Perfect Glide fabric conditioner.

Asia (14% of Company Sales)

Asia Net sales increased 4.5% during fourth quarter 2013. Unit volume increased 10.5% with 1.5% lower pricing and 4.5% negative foreign exchange. Volume gains were led by the Greater China region, India and the Philippines. Organic sales for Asia increased 9.0%.

Operating profit in Asia increased 14% in fourth quarter 2013 to $165 million, or 230 basis points to 28.8% of Net sales. This increase in Operating profit was primarily due to an increase in Gross profit and a decrease in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was primarily due to cost savings from the Company’s funding-the-growth initiatives, partially offset by higher raw and packaging material costs, which included foreign exchange transaction costs, and lower pricing. This decrease in Selling, general and administrative expenses was primarily due to lower overhead expenses and decreased advertising investment, the latter due to the timing of new product launches.

Colgate strengthened its toothpaste leadership in Asia, driven by market share gains in India, China, Thailand, the Philippines and Singapore. Successful new products including Colgate Total Pro Gum Health, Colgate Optic White, Colgate Visible White, Colgate Active Salt Healthy White, Darlie Expert White and Colgate Max Fresh Tea toothpastes contributed to volume growth throughout the region.

Successful new products contributing to volume growth in other categories in the region include Colgate Slim Soft Charcoal and Colgate Slim Soft Raised Tip manual toothbrushes, Colgate Optic White, Colgate Plax Fruity Fresh and Darlie mouthwashes, Palmolive Naturals White + Milk bar soap, Protex Men Power shower gel and Palmolive Naturals Vibrant Color shampoo.

Africa/Eurasia (7% of Company Sales)

Africa/Eurasia Net sales increased 0.5% during fourth quarter 2013. Unit volume increased 6.0% with 1.0% higher pricing and 6.5% negative foreign exchange. Volume gains were led by Russia, the Sub-Saharan Africa region, Turkey and the Central Asia/Caucasus region. Organic sales for Africa/Eurasia increased 7.0%.

Operating profit in Africa/Eurasia increased 9% in fourth quarter 2013 to $76 million, or 170 basis points to 23.4% of Net sales. This increase in Operating profit was primarily due to an increase in Gross profit and a decrease in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was primarily due to cost savings from the Company’s funding-the-growth initiatives and the benefits of pricing, partially offset by higher raw and packaging material costs, which included foreign exchange transaction costs. This decrease in Selling, general and administrative expenses was primarily due to lower overhead expenses which were partially offset by increased advertising investment.

Colgate continued its toothpaste leadership in Africa/Eurasia, driven by market share gains in Russia, South Africa, Turkey, Kenya, Saudi Arabia and Kuwait. Successful products contributing to volume growth in the region include Colgate Optic White, Colgate Altai Herbs, Colgate Total Pro Interdental and Colgate Maximum Cavity Protection plus Sugar Acid Neutralizer toothpastes, Colgate 360° Optic White and Colgate Slim Soft Charcoal manual toothbrushes, Colgate Optic White and Colgate Plax Herbal mouthwashes and Palmolive Gourmet Spa and Protex for Men shower gels.

Hill’s Pet Nutrition (13% of Company Sales)

Hill’s Net sales increased 4.5% during fourth quarter 2013. Unit volume increased 4.0% with 3.0% higher pricing and 2.5% negative foreign exchange. Volume gains in the U.S., Russia and Canada were partially offset by volume declines in Japan. Hill’s organic sales increased 7.0%.

Hill’s Operating profit increased 3% in fourth quarter 2013 to $153 million, while as a percentage of Net sales it decreased 50 basis points to 26.2% of Net sales. This decrease in Operating profit as a percentage of Net sales was primarily due to a decrease in Gross profit, which was partially offset by a decrease in Selling, general and administrative expenses, both as a percentage of Net sales. This decrease in Gross profit was primarily driven by higher raw and packaging material costs, due in part to formulation changes and foreign exchange transaction costs, which were partially offset by cost savings from the Company’s funding-the-growth initiatives and the benefit of pricing. This decrease in Selling, general and administrative expenses was due to lower overhead expenses and decreased advertising investment, the latter due to timing of new product launches.

New product introductions driving volume growth in the U.S. include the recent successful launch of our natural pet food brand, Hill’s Ideal Balance, with natural ingredients perfectly balanced.

New product introductions driving volume growth globally include the launch of breakthrough weight loss nutrition, Hill’s Prescription Diet Metabolic, and the relaunch of Hill’s Science Diet with natural ingredients and improved taste.

Exciting new products planned for launch in first quarter 2014 include Hill’s Ideal Balance Active and Slim & Healthy, Hill’s Science Diet Grain Free, Perfect Weight and Sensitive Stomach and Skin, and Hill’s Prescription Diet c/d Urinary Stress.

***

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill’s Ideal Balance. For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. CL-E

The Company’s annual meeting of shareholders is currently scheduled for Friday, May 9, 2014.

Market Share Information

Management uses market share information as a key indicator to monitor business health and performance. References to market share in this press release are based on a combination of consumption and market share data provided by third-party vendors, primarily Nielsen, and internal estimates. All market share references represent the percentage of the dollar value of sales of our products, relative to all product sales in the category in the countries in which the Company competes and purchases data. Market share data is subject to limitations on the availability of up-to-date information. We believe that the third-party vendors we use to provide data are reliable, but we have not verified the accuracy or completeness of the data or any assumptions underlying the data. In addition, market share information calculated by the Company may be different from market share information calculated by other companies due to differences in category definitions, the use of data from different countries, internal estimates and other factors.

Cautionary Statement on Forward-Looking Statements

This press release and the related webcast may contain forward-looking statements. Such statements may relate, for example, to sales or volume growth, organic sales growth, profit or profit margin growth, earnings growth, financial goals, the impact of currency devaluations, exchange controls, price controls and labor unrest, including in Venezuela, cost-reduction plans including the 2012 Restructuring Program, tax rates, new product introductions or commercial investment levels. These statements are made on the basis of our views and assumptions as of this time and we undertake no obligation to update these statements. We caution investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements. Investors should consult the Company’s filings with the Securities and Exchange Commission (including the information set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012) for information about certain factors that could cause such differences. Copies of these filings may be obtained upon request from the Company’s Investor Relations Department or on the Company’s web site at http://www.colgatepalmolive.com.

Non-GAAP Financial Measures

The following provides information regarding the non-GAAP financial measures used in this earnings release and/or the related webcast:

This release discusses organic sales growth, which is Net sales growth excluding the impact of foreign exchange, acquisitions and divestments. Management believes this measure provides investors with useful supplemental information regarding the Company’s underlying sales trends by presenting sales growth excluding the external factor of foreign exchange as well as the impact from acquisitions and divestments. See “Geographic Sales Analysis Percentage Changes” for the three and twelve months ended December 31, 2013 vs 2012 included with this release for a comparison of organic sales growth to sales growth in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

To supplement Colgate’s Condensed Consolidated Income Statements presented in accordance with GAAP, the Company has disclosed non-GAAP measures of operating results that exclude certain items. Worldwide Gross profit, Gross profit margin, Selling, general and administrative expenses, Selling, general and administrative expenses as a percentage of Net sales, Other (income) expense, net, Operating profit, Operating profit margin, Net income attributable to Colgate-Palmolive Company and Diluted earnings per common share are discussed both as reported (on a GAAP basis) and, as applicable, excluding charges resulting from the implementation of the 2012 Restructuring Program, the one-time charge resulting from the Venezuela devaluation, a charge associated with a European competition law matter, costs related to the sale of land in Mexico and costs associated with various business realignment and other cost-saving initiatives (non-GAAP). Management believes these non-GAAP financial measures provide investors with useful supplemental information regarding the performance of the Company’s ongoing operations. See “Non-GAAP Reconciliations” for the three and twelve months ended December 31, 2013 and 2012 included with this release for a reconciliation of these financial measures to the related GAAP measures.

The Company uses these financial measures internally in its budgeting process and as factors in determining compensation. While the Company believes that these financial measures are useful in evaluating the Company’s business, this information should be considered as supplemental in nature and is not meant to be considered in isolation or as a substitute for the related financial information prepared in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similar measures presented by other companies.

The Company defines free cash flow before dividends as Net cash provided by operations less Capital expenditures. As management uses this measure to evaluate the Company’s ability to satisfy current and future obligations, repurchase stock, pay dividends and fund future business opportunities, the Company believes that it provides useful information to investors. Free cash flow before dividends is not a measure of cash available for discretionary expenditures since the Company has certain non-discretionary obligations such as debt service that are not deducted from the measure. Free cash flow before dividends is not a GAAP measurement and may not be comparable to similarly titled measures reported by other companies. See “Condensed Consolidated Statements of Cash Flows” for the twelve months ended December 31, 2013 and 2012 for a comparison of free cash flow before dividends to Net cash provided by operations as reported in accordance with GAAP.

(See attached tables for fourth quarter results.)


Table 1

Colgate-Palmolive Company

Condensed Consolidated Income Statements

For the Three Months Ended December 31, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

2013 2012

Net sales $ 4,361 $ 4,286

Cost of sales 1,794 1,781

Gross profit 2,567 2,505

Gross profit margin 58.9% 58.4%

Selling, general and administrative expenses 1,612 1,487

Other (income) expense, net 63 76

Operating profit 892 942

Operating profit margin 20.5% 22.0%

Interest (income) expense, net (1) (5)

Income before income taxes 893 947

Provision for income taxes 292 311

Effective tax rate 32.7% 32.8%

Net income including noncontrolling interests 601 636

Less: Net income attributable to noncontrolling interests 37 38

Net income attributable to Colgate-Palmolive Company $ 564 $ 598

Earnings per common share
Basic $ 0.61 $ 0.63
Diluted $ 0.60 $ 0.63

Average common shares outstanding
Basic 925.7 944.0
Diluted 935.3 952.1

Table 2

Colgate-Palmolive Company

Condensed Consolidated Income Statements

For the Twelve Months Ended December 31, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

2013 2012

Net sales $ 17,420 $ 17,085

Cost of sales 7,219 7,153

Gross profit 10,201 9,932

Gross profit margin 58.6% 58.1%

Selling, general and administrative expenses 6,223 5,930

Other (income) expense, net 422 113

Operating profit 3,556 3,889

Operating profit margin 20.4% 22.8%

Interest (income) expense, net (9) 15

Income before income taxes 3,565 3,874

Provision for income taxes 1,155 1,243

Effective tax rate 32.4% 32.1%

Net income including noncontrolling interests 2,410 2,631

Less: Net income attributable to noncontrolling interests 169 159

Net income attributable to Colgate-Palmolive Company $ 2,241 $ 2,472

Earnings per common share
Basic $ 2.41 $ 2.60
Diluted $ 2.38 $ 2.57

Average common shares outstanding
Basic 930.8 952.1
Diluted 939.9 960.2
Table 3

Colgate-Palmolive Company

Condensed Consolidated Balance Sheets

As of December 31, 2013 and 2012

(Dollars in Millions) (Unaudited)

December 31, December 31,
2013 2012

Cash and cash equivalents $ 962 $ 884
Receivables, net 1,636 1,668
Inventories 1,425 1,365
Other current assets 799 639
Property, plant and equipment, net 4,083 3,842
Other assets, including goodwill and intangibles 4,971 4,996
Total assets $ 13,876 $ 13,394

Total debt $ 5,657 $ 5,230
Other current liabilities 3,562 3,432
Other non-current liabilities 2,121 2,342
Total liabilities 11,340 11,004
Total Colgate-Palmolive Company shareholders' equity 2,305 2,189
Noncontrolling interests 231 201
Total liabilities and shareholders' equity $ 13,876 $ 13,394

Supplemental Balance Sheet Information
Debt less cash, cash equivalents and marketable securities* $ 4,522 $ 4,230
Working capital % of sales 0.7 % 0.7 %

* Marketable securities of $173 and $116 as of December 31, 2013 and 2012, respectively, are included in Other current assets.

Table 4

Colgate-Palmolive Company

Condensed Consolidated Statements of Cash Flows

For the Twelve Months Ended December 31, 2013 and 2012

(Dollars in Millions) (Unaudited)

2013 2012

Operating Activities
Net income including noncontrolling interests $ 2,410 $ 2,631
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operations:
Depreciation and amortization 439 425
Restructuring and termination benefits, net of cash 182 35
Voluntary benefit plan contributions (101 ) (101 )
Stock-based compensation expense 128 120
Venezuela devaluation charge 172 -
Deferred income taxes 71 63
Cash effects of changes in:
Receivables (37 ) 19
Inventories (97 ) (21 )
Accounts payable and other accruals 24 (5 )
Other non-current assets and liabilities 13 30
Net cash provided by operations 3,204 3,196

Investing Activities
Capital expenditures (670 ) (565 )
Sale of property and non-core product lines 15 72
Purchases of marketable securities and investments (505 ) (545 )
Proceeds from sale of marketable securities and investments 267 147
Payment for acquisitions, net of cash acquired (3 ) (29 )
Other 6 55
Net cash used in investing activities (890 ) (865 )

Financing Activities
Principal payments on debt (7,554 ) (5,011 )
Proceeds from issuance of debt 7,976 5,452
Dividends paid (1,382 ) (1,277 )
Purchases of treasury shares (1,521 ) (1,943 )
Proceeds from exercise of stock options and excess tax benefits 339 478
Net cash used in financing activities (2,142 ) (2,301 )

Effect of exchange rate changes on Cash and cash equivalents (94 ) (24 )
Net increase (decrease) in Cash and cash equivalents 78 6
Cash and cash equivalents at beginning of period 884 878
Cash and cash equivalents at end of period $ 962 $ 884

Supplemental Cash Flow Information
Free cash flow before dividends (Net cash provided by operations less Capital expenditures)
Net cash provided by operations $ 3,204 $ 3,196
Less: Capital expenditures (670 ) (565 )
Free cash flow before dividends $ 2,534 $ 2,631


Income taxes paid $ 1,087 $ 1,280

Table 5


Colgate-Palmolive Company



Segment Information


For the Three and Twelve Months Ended December 31, 2013 and 2012


(Dollars in Millions) (Unaudited)

Three Months Ended
December 31,
Twelve Months Ended
December 31,
2013 2012 2013 2012
Net sales
Oral, Personal and Home Care

North America $ 772 $ 754 $ 3,072 $ 2,971
Latin America 1,265 1,255 5,012 5,032
Europe/South Pacific 844 848 3,396 3,417
Asia 572 547 2,472 2,264
Africa/Eurasia 325 323 1,257 1,241

Total Oral, Personal and Home Care 3,778 3,727 15,209 14,925

Pet Nutrition 583 559 2,211 2,160

Total Net sales $ 4,361 $ 4,286 $ 17,420 $ 17,085


Three Months Ended
December 31,
Twelve Months Ended
December 31,
2013 2012 2013 2012
Operating profit
Oral, Personal and Home Care

North America $ 241 $ 230 $ 927 $ 810
Latin America 363 354 1,385 1,454
Europe/South Pacific
200 187 805 747
Asia 165 145 698 619
Africa/Eurasia 76 70 268 267

Total Oral, Personal and Home Care 1,045 986 4,083 3,897

Pet Nutrition 153 149 563 589
Corporate(1) (306 ) (193 ) (1,090 ) (597 )

Total Operating Profit $ 892 $ 942 $ 3,556 $ 3,889
Note:

(1) Corporate operations includes costs related to stock options and restricted stock awards, research and development costs, Corporate overhead costs, restructuring and related implementation costs and gains and losses on sales of non-core product lines and assets.

Corporate Operating profit (loss) for the three months ended December 31, 2013 includes costs of $173 associated with the 2012 Restructuring Program, a charge of $5 for a competition law matter in France related to the home care and personal care sectors and costs of $4 related to the sale of land in Mexico. For the three months ended December 31, 2012, Corporate Operating profit (loss) included costs of $89 associated with the 2012 Restructuring Program and costs of $4 related to the sale of land in Mexico.

Corporate Operating profit (loss) for the twelve months ended December 31, 2013 includes costs of $371 associated with the 2012 Restructuring Program, a one-time $172 charge for the impact of the devaluation in Venezuela, a charge of $23 for a competition law matter in France related to the home care and personal care sectors and costs of $18 related to the sale of land in Mexico. For the twelve months ended December 31, 2012, Corporate Operating profit (loss) included costs of $89 associated with the 2012 Restructuring Program, costs of $24 related to the sale of land in Mexico and costs of $21 associated with various business realignment and other cost-saving initiatives.


Table 6

Colgate-Palmolive Company

Geographic Sales Analysis Percentage Changes

For the Three Months Ended December 31, 2013 vs 2012

(Unaudited)

COMPONENTS OF SALES CHANGE

Pricing
Coupons
Sales 3 Months Consumer &
Change Organic As Reported Organic Ex-Divested Trade Foreign
Region
As Reported
Sales Change
Volume
Volume
Volume
Incentives
Exchange

Total Company 2.0 % 6.5 % 6.5 % 6.5 % 6.5 % - % (4.5)%

Europe/South Pacific (0.5)% (1.5)% 2.5 % 3.0 % 3.0 % (4.5)% 1.5 %

Latin America 1.0 % 12.5 % 10.0 % 10.0 % 10.0 % 2.5 % (11.5)%

Asia 4.5 % 9.0 % 10.5 % 10.5 % 10.5 % (1.5)% (4.5)%

Africa/Eurasia 0.5 % 7.0 % 6.0 % 6.0 % 6.0 % 1.0 % (6.5)%

Total International 1.0 % 7.0 % 7.5 % 7.5 % 7.5 % (0.5)% (6.0)%

North America 2.5 % 3.0 % 4.0 % 4.0 % 4.0 % (1.0)% (0.5)%

Total CP Products 1.5 % 6.5 % 7.0 % 7.0 % 7.0 % (0.5)% (5.0)%

Hill's 4.5 % 7.0 % 4.0 % 4.0 % 4.0 % 3.0 % (2.5)%


Emerging Markets (1) 2.0 % 10.5 % 9.5 % 9.5 % 9.5 % 1.0 % (8.5)%

Developed Markets 1.0 % 2.0 % 3.0 % 3.5 % 3.5 % (1.5)% (0.5)%

Notes:

(1) Emerging Markets include Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe.

Table 7

Colgate-Palmolive Company

Geographic Sales Analysis Percentage Changes

For the Twelve Months Ended December 31, 2013 vs 2012

(Unaudited)

COMPONENTS OF SALES CHANGE

Pricing
Coupons
Sales 12 Months Consumer &
Change Organic As Reported Organic Ex-Divested Trade Foreign
Region
As Reported
Sales Change
Volume
Volume
Volume
Incentives
Exchange

Total Company 2.0 % 6.0 % 5.0 % 5.0 % 5.0 % 1.0 % (4.0)%

Europe/South Pacific (0.5)% (0.5)% 1.5 % 2.0 % 2.0 % (2.5)% 0.5 %

Latin America (0.5)% 9.5 % 5.5 % 6.0 % 6.0 % 3.5 % (9.5)%

Asia 9.0 % 10.5 % 10.5 % 10.5 % 10.5 % - % (1.5)%

Africa/Eurasia 1.5 % 7.0 % 8.0 % 8.0 % 8.0 % (1.0)% (5.5)%

Total International 1.5 % 6.5 % 6.0 % 6.0 % 6.0 % 0.5 % (5.0)%

North America 3.5 % 3.5 % 3.5 % 3.5 % 3.5 % - % - %

Total CP Products 2.0 % 6.0 % 5.5 % 5.5 % 5.5 % 0.5 % (4.0)%

Hill's 2.5% 5.0 % 1.5 % 1.5 % 1.5 % 3.5 % (2.5)%


Emerging Markets (1) 3.0 % 9.5 % 8.0 % 8.0 % 8.0 % 1.5 % (6.5)%

Developed Markets 1.0 % 2.0 % 1.5 % 2.0 % 2.0 % - % (0.5)%

Notes:

(1) Emerging Markets include Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe.

Table 8

Colgate-Palmolive Company

Non-GAAP Reconciliations

For the Three Months Ended December 31, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

Gross Profit 2013 2012
Gross profit, GAAP $ 2,567 $ 2,505
2012 Restructuring Program 6 2
Costs related to the sale of land in Mexico 4 4
Gross profit, non-GAAP $ 2,577 $ 2,511

Basis Point
Gross Profit Margin 2013 2012 Change
Gross profit margin, GAAP 58.9 % 58.4 % 50
2012 Restructuring Program 0.1 % 0.1 %
Costs related to the sale of land in Mexico 0.1 % 0.1 %
Gross profit margin, non-GAAP 59.1 % 58.6 % 50


Selling, General and Administrative Expenses 2013 2012
Selling, general and administrative expenses, GAAP $ 1,612 $ 1,487
2012 Restructuring Program (106 ) (6 )
Selling, general and administrative expenses, non-GAAP $ 1,506 $ 1,481

Basis Point
Selling, General and Administrative Expenses as a Percentage of Net Sales 2013 2012 Change
Selling, general and administrative expenses as a percentage of Net sales, GAAP 37.0 % 34.7 % 230
2012 Restructuring Program (2.5 %) (0.1 )%
Selling, general and administrative expenses as a percentage of Net sales, non-GAAP 34.5 % 34.6 % (10 )


Other (Income) Expense, Net 2013 2012
Other (income) expense, net, GAAP $ 63 $ 76
2012 Restructuring Program (61 ) (81 )
Charge for a French competition law matter (5 ) -
Other (income) expense, net, non-GAAP $ (3 ) $ (5 )


Operating Profit 2013 2012 % Change
Operating profit, GAAP $ 892 $ 942 (5 %)
2012 Restructuring Program 173 89
Charge for a French competition law matter 5 -
Costs related to the sale of land in Mexico 4 4
Operating profit, non-GAAP $ 1,074 $ 1,035 4 %

Basis Point
Operating Profit Margin 2013 2012 Change
Operating profit margin, GAAP 20.5 % 22.0 % (150 )
2012 Restructuring Program 3.9 % 2.0 %
Charge for a French competition law matter 0.1 % -
Costs related to the sale of land in Mexico 0.1 % 0.1 %
Operating profit margin, non-GAAP 24.6 % 24.1 % 50


Net Income Attributable to Colgate-Palmolive Company 2013 2012 % Change
Net income attributable to Colgate-Palmolive Company, GAAP $ 564 $ 598 (6 %)
2012 Restructuring Program 125 70
Charge for a French competition law matter 5 -
Costs related to the sale of land in Mexico 3 3
Net income attributable to Colgate-Palmolive Company, non-GAAP $ 697 $ 671 4 %


Earnings Per Common Share, Diluted (1) (2) 2013 2012 % Change
Diluted earnings per common share, GAAP $ 0.60 $ 0.63 (5 %)
2012 Restructuring Program 0.14 0.07
Charge for a French competition law matter 0.01 -
Costs related to the sale of land in Mexico - -
Diluted earnings per common share, non-GAAP $ 0.75 $ 0.70 7 %
(1) The impact of non-GAAP adjustments on the diluted earnings per share may not necessarily equal the difference between "GAAP" and "non-GAAP" as a result of rounding.

(2) As a result of the two-for-one stock split, effective May 15, 2013, all historical per share data and number of shares were retroactively adjusted. Diluted earnings per share were computed independently for each quarter presented.


Table 9

Colgate-Palmolive Company

Non-GAAP Reconciliations

For the Twelve Months Ended December 31, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

Gross Profit 2013 2012
Gross profit, GAAP $ 10,201 $ 9,932
2012 Restructuring Program 32 2
Costs related to the sale of land in Mexico 15 24
Business realignment and other cost-saving initiatives - 5
Gross profit, non-GAAP $ 10,248 $ 9,963

Basis Point
Gross Profit Margin 2013 2012 Change
Gross profit margin, GAAP 58.6 % 58.1 % 50
2012 Restructuring Program 0.2 % -
Costs related to the sale of land in Mexico - 0.2 %
Gross profit margin, non-GAAP 58.8 % 58.3 % 50


Selling, General and Administrative Expenses 2013 2012
Selling, general and administrative expenses, GAAP $ 6,223 $ 5,930
2012 Restructuring Program (137 ) (6 )
Business realignment and other cost-saving initiatives - (14 )
Selling, general and administrative expenses, non-GAAP $ 6,086 $ 5,910

Basis Point
Selling, General and Administrative Expenses as a Percentage of Net Sales 2013 2012 Change
Selling, general and administrative expenses as a percentage of Net sales, GAAP 35.7 % 34.7 % 100
2012 Restructuring Program (0.8 %) -
Business realignment and other cost-saving initiatives - (0.1 %)
Selling, general and administrative expenses as a percentage of Net sales, non-GAAP 34.9 % 34.6 % 30


Other (Income) Expense, Net 2013 2012
Other (income) expense, net, GAAP $ 422 $ 113
2012 Restructuring Program (202 ) (81 )
Venezuela devaluation charge (172 ) -
Charge for a French competition law matter (23 ) -
Costs related to the sale of land in Mexico (3 ) -
Business realignment and other cost-saving initiatives - (2 )
Other (income) expense, net, non-GAAP $ 22 $ 30


Operating Profit 2013 2012 % Change
Operating profit, GAAP $ 3,556 $ 3,889 (9 %)
2012 Restructuring Program 371 89
Venezuela devaluation charge 172 -
Charge for a French competition law matter 23 -
Costs related to the sale of land in Mexico 18 24
Business realignment and other cost-saving initiatives - 21
Operating profit, non-GAAP $ 4,140 $ 4,023 3 %

Basis Point
Operating Profit Margin 2013 2012 Change
Operating profit margin, GAAP 20.4 % 22.8 % (240 )
2012 Restructuring Program 2.2 % 0.5 %
Venezuela devaluation charge 1.0 % -
Charge for a French competition law matter 0.1 % -
Costs related to the sale of land in Mexico 0.1 % 0.1 %
Business realignment and other cost-saving initiatives - 0.1 %
Operating profit margin, non-GAAP 23.8 % 23.5 % 30


Net Income Attributable to Colgate-Palmolive Company 2013 2012 % Change
Net income attributable to Colgate-Palmolive Company, GAAP $ 2,241 $ 2,472 (9 %)
2012 Restructuring Program 278 70
Venezuela devaluation charge 111 -
Charge for a French competition law matter 23 -
Costs related to the sale of land in Mexico 12 18
Business realignment and other cost-saving initiatives - 14
Net income attributable to Colgate-Palmolive Company, non-GAAP $ 2,665 $ 2,574 4 %


Earnings Per Common Share, Diluted (1) (2) 2013 2012 % Change
Diluted earnings per common share, GAAP $ 2.38 $ 2.57 (7 %)
2012 Restructuring Program 0.30 0.07
Venezuela devaluation charge 0.12 -
Charge for a French competition law matter 0.03 -
Costs related to the sale of land in Mexico 0.01 0.02
Business realignment and other cost-saving initiatives - 0.02
Diluted earnings per common share, non-GAAP $ 2.84 $ 2.68 6 %
(1) The impact of non-GAAP adjustments on the diluted earnings per share may not necessarily equal the difference between "GAAP" and "non-GAAP" as a result of rounding.

(2) As a result of the two-for-one stock split, effective May 15, 2013, all historical per share data and number of shares were retroactively adjusted. Diluted earnings per share were computed independently for each quarter and the year to date period presented. As a result of the stock split, changes in shares outstanding during the year and rounding, the sum of the quarters' earnings per share may not necessarily equal the earnings per share for the year to date period.


Contact:
Colgate-Palmolive Company
Bina Thompson, 212-310-3072
Hope Spiller, 212-310-2291
👍️0
Drmicrocap Drmicrocap 10 years ago
Colgate-Palmolive Webcasts 2013 Fourth Quarter and Year-end Earnings Conference Call January 30, 2014 – 11:00 a.m. ET
Business Wire Colgate-Palmolive Company
22 hours ago

NEW YORK--(BUSINESS WIRE)--

Colgate-Palmolive Company (CL) will provide a live webcast of its 2013 fourth quarter and year-end earnings conference call on Thursday, January 30, 2014 at 11:00 a.m. ET. The call will be hosted by Chairman, President and CEO, Ian Cook, and Senior Vice President - Investor Relations, Bina Thompson.

Investors may access a live webcast of this conference call on Colgate’s web site at http://www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the ‘For Investors’ page of Colgate’s web site.

* * *

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Soupline, and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. For more information about Colgate's global business, visit the Company's web site at http://www.colgatepalmolive.com. To learn more about Colgate’s global oral health education program, Bright Smiles, Bright Futures™, please visit http://www.colgatebsbf.com.

CL-E


Contact:
Colgate-Palmolive Company
Bina Thompson, 212-310-3072
Hope Spiller, 212-310-2291
👍️0
ECole ECole 11 years ago
Q3 earnings cc transcript

http://www.earningsimpact.com/Transcript/84162/CL/Q3-2013-Earnings-Call
👍️0
333MAM 333MAM 11 years ago
Im expecting it to hit 110.05 once more today
👍️0
NavyMike1981 NavyMike1981 11 years ago
Really liking the support we are holding of the daily 200sma.
👍️0
Drmicrocap Drmicrocap 11 years ago
Colgate Announces 2nd Quarter 2013 Results


Strong Organic Sales Growth Worldwide
Business WirePress Release: Colgate-Palmolive Company –

Colgate-Palmolive Company (CL) today reported worldwide Net sales of $4,346 million in second quarter 2013, an increase of 2.0% versus second quarter 2012. Global unit volume grew 4.0%, pricing increased 1.0% and foreign exchange was negative 3.0%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 5.5%.

Net income and Diluted earnings per share in second quarter 2013 were $561 million and $0.60, respectively. Net income in second quarter 2013 included $101 million ($0.10 per diluted share) of aftertax charges resulting from the implementation of the previously disclosed four-year Global Growth and Efficiency Program (the “2012 Restructuring Program”), costs associated with the sale of land in Mexico and a charge associated with an existing European competition law matter.

Net income and Diluted earnings per share in second quarter 2012 were $627 million and $0.65, respectively. Net income in second quarter 2012 included aftertax charges of $14 million ($0.02 per diluted share) resulting from the items described in Table 8.

Excluding the above noted items in both periods, Net income in second quarter 2013 was $662 million, an increase of 3% versus second quarter 2012, and Diluted earnings per share in second quarter 2013 was $0.70, an increase of 4% versus second quarter 2012.

Gross profit margin was 58.3% in second quarter 2013 versus 57.7% in the year ago quarter. Excluding the above noted items in both periods, Gross profit margin was 58.6% in second quarter 2013, an increase of 70 basis points versus the year ago quarter, as higher pricing and cost savings from the Company’s funding-the-growth initiatives more than offset higher raw and packaging material costs.

Selling, general and administrative expenses were 35.1% of Net sales in second quarter 2013 versus 34.3% in second quarter 2012. Excluding the above noted items in both periods, Selling, general and administrative expenses increased by 60 basis points to 34.8% of Net sales in second quarter 2013, as advertising investment increased by 70 basis points and overhead expenses decreased by 10 basis points, both as a percentage of Net sales. Worldwide advertising investment increased 9% versus the year ago quarter to $497 million.

Operating profit decreased 8% to $906 million in second quarter 2013 compared to $982 million in second quarter 2012. Excluding the above noted items in both periods, Operating profit increased 3% to $1,032 million.

Net cash provided by operations year to date increased 11% to $1,325 million, compared to $1,193 million in the comparable 2012 period. The increase was driven by strong operating earnings as well as a continued tight focus on working capital. Free cash flow before dividends (Net cash provided by operations less Capital expenditures) exceeded 100% of Net income. Working capital as a percentage of Net sales improved to negative 0.2% versus 2.8% in the year ago period, mainly due to accrued liabilities related to the 2012 Restructuring Program and the timing of dividend payments.

Ian Cook, Chairman, President and Chief Executive Officer, commented on the results and outlook excluding the 2013 and 2012 items noted above, “We are delighted that our strong growth momentum continued on both the top and bottom lines. For the fifth consecutive quarter, gross profit margin, operating profit margin and net income as a percent of sales all increased versus the year ago period.

“The strong 5.5% organic sales growth was led by the emerging markets where organic sales grew a robust 8.5%. All operating divisions achieved positive unit volume growth in the quarter. We were particularly pleased to see a return to unit volume growth at Hill’s one quarter earlier than expected.

“Advertising investment increased versus year ago, both absolutely and as a percent to sales, and we continue to plan for higher levels of commercial investment in the balance of the year in support of a very full pipeline of new products worldwide.

“Colgate’s global market shares in toothpaste and manual toothbrushes are both at record highs year to date. Colgate’s share of the global toothpaste market strengthened to 45.4% year to date, up 0.1 share points versus year ago. Our global leadership in manual toothbrushes also strengthened during the quarter with Colgate’s global market share in that category reaching 33.3% year to date, up 0.4 share points versus year ago.

“Looking forward, we expect our growth momentum to continue as we progress through the year. We are pleased that our global restructuring program is on track and proceeding smoothly. We also continue to be sharply focused on our aggressive funding-the-growth programs and our strategic worldwide pricing initiatives.

“Based on this, we continue to anticipate another year of strong organic sales growth and gross margin expansion in 2013. In light of the ongoing impact of the Venezuela currency devaluation and the recent volatility in foreign exchange in other countries, we now expect diluted earnings per share to grow 4.5% to 5.5% for the year, on a dollar basis, assuming average exchange rates in the balance of the year are equal to current spot rates.”

At 11:00 a.m. ET today, Colgate will host a conference call to elaborate on second quarter results. To access this call as a webcast, please go to Colgate’s web site at http://www.colgatepalmolive.com.

The following are comments about divisional performance for second quarter 2013 versus the year ago period. See attached Geographic Sales Analysis Percentage Changes and Segment Information schedules for additional information on divisional net sales and operating profit.

North America (18% of Company Sales)

North America Net sales increased 5.0% in second quarter 2013. Unit volume increased 6.0% with 1.0% lower pricing and foreign exchange was even with the year ago quarter. Organic sales increased 5.0% during the quarter.

Operating profit in North America increased 20% in the second quarter of 2013 to $227 million, or 370 basis points to 29.8% of Net sales. This increase in Operating profit was primarily due to an increase in Gross profit and a decrease in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was mainly driven by lower raw and packing material costs and cost savings from the Company’s funding-the-growth initiatives which were partially offset by lower pricing. This decrease in Selling, general and administrative expenses was due to lower overhead costs which was partially offset by higher advertising investment.

In the U.S., new product launches are contributing to volume growth across categories. Market share gains year to date were seen in manual toothbrushes, powered toothbrushes, mouthwash, body washes and fabric conditioners. In toothpaste, the success of Colgate Optic White and Colgate Optic White Dual Action toothpastes helped drive market share for the Colgate Optic White brand to 5.6% year to date, up 1.0 share points versus year ago. In manual toothbrushes, Colgate achieved brand market leadership with its market share in that category reaching a record 37.2% year to date, up 0.6 share points versus year ago. This success was driven by strong sales of Colgate 360° Optic White, Colgate 360° Total Advanced Floss Tip bristles and Colgate Extra Clean manual toothbrushes.

Successful new products driving volume growth in the U.S. in other categories include Colgate Total Advanced Pro-Shield and Colgate Optic White mouthwashes, Softsoap brand Acai Berry & Tropical Water and Softsoap brand Coconut Island Quench body washes, Palmolive Soft Touch and Ajax with Aloe dish liquids and Suavitel Silky Essence fabric conditioner.

Exciting new products launching in third quarter 2013 include Colgate MaxFresh Cool Scrub and Colgate Sensitive SmartFoam with Whitening toothpastes and Colgate SlimSoft manual toothbrush.

Latin America (29% of Company Sales)

Latin America Net sales decreased 1.5% in second quarter 2013. Unit volume increased 2.0% with 4.5% higher pricing and 8.0% negative foreign exchange. Volume gains were led by Mexico, Brazil, Venezuela and the Southern Cone region. Organic sales for Latin America increased 7.0% during the quarter.

Operating profit in Latin America decreased 6% in the second quarter of 2013 to $352 million, or 120 basis points to 27.5% of Net sales. This decrease in Operating profit was primarily due to a decrease in Gross profit and an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This decrease in Gross profit was due to higher costs, primarily in Venezuela, which were partially offset by cost savings from the Company’s funding-the-growth initiatives and higher pricing. This increase in Selling, general and administrative expenses was primarily due to higher advertising investment and higher overhead expenses due primarily to higher costs in Venezuela.

Colgate’s strong leadership in oral care throughout Latin America continued during the quarter with year-to-date toothpaste market share gains in Brazil, Chile, Paraguay, Uruguay, the Dominican Republic and Puerto Rico. Strong sales of Colgate Luminous White, Colgate Total Professional Gum Health and Colgate Triple Action Extra Whitening toothpastes drove volume growth throughout the region. Colgate strengthened its leadership of the manual toothbrush market throughout the region, driven by strong sales of Colgate 360° Luminous White, Colgate Triple Action and Colgate Premier manual toothbrushes. In mouthwash, Colgate’s year-to-date market share is at a record high in the region with gains driven by Colgate Luminous White mouthwash.

Products in other categories contributing to volume growth include Protex Men, Protex Vitamin E and Palmolive Naturals Olive and Aloe bar soaps, Lady Speed Stick and Speed Stick deodorants, and Axion dish liquid.

Europe/South Pacific (19% of Company Sales)

Europe/South Pacific Net sales in second quarter 2013 decreased 3.0%. Unit volume increased 0.5% with 3.0% lower pricing and 0.5% negative foreign exchange. Volume gains in the United Kingdom, Germany and Australia were partially offset by volume declines in France and Greece. Organic sales for Europe/South Pacific decreased 2.0%.

Operating profit in Europe/South Pacific increased 6% in the second quarter of 2013 to $189 million, or 180 basis points to 22.9% of Net sales. The increase in Operating profit was primarily due to an increase in Gross profit and a decrease in Selling, general and administrative expenses both as a percentage of Net sales. This increase in Gross profit was primarily driven by savings from the Company’s funding-the-growth initiatives and lower raw and packing material costs, which were partially offset by lower pricing. This decrease in Selling, general and administrative expenses was driven by higher advertising investment which was more than offset by lower overhead costs.

Colgate continued its oral care leadership in the Europe/South Pacific region with toothpaste share gains led by the United Kingdom, France, Poland, Holland, Czech Republic, Croatia and Slovakia. Successful premium products driving share gains include Colgate Max White One Luminous, Colgate MaxFresh ActiClean with SmartFoam and Colgate Total Pro Gum Health toothpastes. In the manual toothbrush category, Colgate 360° Max White One and elmex Erosion manual toothbrushes contributed to volume growth throughout the region.

Recent premium innovations contributing to volume growth in other product categories include Colgate Max White One, Colgate Total Pro Gum Health and elmex Senstive Professional mouthwashes, Colgate ProClinical electric toothbrush, Sanex Men Dermo Double Protect deodorant, Sanex Surgras and Palmolive Mediterranean Moments shower gels, Ajax Pure Home liquid cleaner and Soupline Aroma Sensations fabric conditioner.

Greater Asia/Africa (21% of Company Sales)

Greater Asia/Africa Net sales and unit volume increased 8.0% and 9.5%, respectively, during second quarter 2013. Pricing was even with the year ago period and foreign exchange was negative 1.5%. Volume gains were led by India, the Greater China region, Thailand, Turkey and Russia. Organic sales for Greater Asia/Africa increased 9.5%.

Operating profit in Greater Asia/Africa increased 8% in the second quarter of 2013 to $238 million, and remained flat at 25.6% of Net sales, as an increase in Gross profit was partially offset by an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was primarily due to cost savings from the Company’s funding-the-growth initiatives, partially offset by higher raw and packing material costs. This increase in Selling, general and administrative expenses was driven by higher advertising investment which was partially offset by lower overhead costs.

Colgate continued its toothpaste leadership in Greater Asia, driven by market share gains in India, China, Russia, South Africa, Turkey, Thailand, the Philippines, Singapore and Hong Kong. Successful new products including Colgate 360° Pro Gum Health, Colgate Optic White, Colgate Visible White and Darlie Enamel toothpastes contributed to volume growth throughout the region.

Successful products contributing to volume growth in other categories in the region include Colgate Slim Soft and Colgate 360° Surround manual toothbrushes, Colgate Optic White and Colgate Plax Herbal mouthwashes and Protex for Men shower gel.

Hill’s Pet Nutrition (13% of Company Sales)

Hill’s Net sales increased 3.5% during second quarter 2013. Unit volume increased 2.5%, pricing increased 3.0% and foreign exchange was negative 2.0%. Volume gains in the U.S., Russia, Korea, Germany, France and Brazil were partially offset by volume declines in Japan, Italy and the United Kingdom. Hill’s organic sales increased 5.5%.

Hill’s Operating profit decreased 6% in the second quarter of 2013 to $136 million, or 250 basis points to 24.8% of Net sales. This decrease in Operating profit was primarily due to a decrease in Gross profit and an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This decrease in Gross profit was primarily driven by higher raw and packaging material costs due in part to formulation changes, which was partially offset by cost savings from the Company’s funding-the-growth initiatives and higher pricing. This increase in Selling, general and administrative expenses was due to increased investment in customer development initiatives and higher advertising investment.

New product introductions driving volume growth in the U.S. include the successful launch of a new natural pet food brand, Hill’s Ideal Balance, with natural ingredients perfectly balanced.

New product introductions driving volume growth globally, include the launch of breakthrough weight loss nutrition, Hill’s Prescription Diet Metabolic and the relaunch of Hill’s Science Diet with natural ingredients and improved taste.

***

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. CL-E

Market Share Information

Management uses market share information as a key indicator to monitor business health and performance. References to market share in this press release are based on a combination of consumption and market share data provided by third-party vendors, primarily Nielsen, and internal estimates. All market share references represent the percentage of the dollar value of sales of our products, relative to all product sales in the category in the countries in which the Company competes and purchases data. Market share data is subject to limitations on the availability of up-to-date information. We believe that the third-party vendors we use to provide data are reliable, but we have not verified the accuracy or completeness of the data or any assumptions underlying the data. In addition, market share information calculated by the Company may be different from market share information calculated by other companies due to differences in category definitions, the use of data from different countries, internal estimates and other factors.

Cautionary Statement on Forward-Looking Statements

This press release and the related webcast (other than historical information) may contain forward-looking statements. Such statements may relate, for example, to sales or volume growth, organic sales growth, profit or profit margin growth, earnings growth, financial goals, the impact of currency devaluations, exchange controls, price controls and labor unrest, including in Venezuela, cost-reduction plans including the 2012 Restructuring Program, tax rates, new product introductions or commercial investment levels. These statements are made on the basis of our views and assumptions as of this time and we undertake no obligation to update these statements. We caution investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements. Investors should consult the Company’s filings with the Securities and Exchange Commission (including the information set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012) for information about certain factors that could cause such differences. Copies of these filings may be obtained upon request from the Company’s Investor Relations Department or on the Company’s web site at http://www.colgatepalmolive.com.

Non-GAAP Financial Measures

The following provides information regarding the non-GAAP financial measures used in this earnings release and/or the related webcast:

This release discusses organic sales growth, which is Net sales growth excluding the impact of foreign exchange, acquisitions and divestments. Management believes this measure provides investors with useful supplemental information regarding the Company’s underlying sales trends by presenting sales growth excluding the external factor of foreign exchange as well as the impact from acquisitions and divestments. See “Geographic Sales Analysis Percentage Changes” for the three and six months ended June 30, 2013 vs 2012 included with this release for a comparison of organic sales growth to sales growth in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

To supplement Colgate’s Condensed Consolidated Income Statements presented in accordance with GAAP, the Company has disclosed non-GAAP measures of operating results that exclude certain items. Worldwide Gross profit, Gross profit margin, Selling, general and administrative expenses, Selling, general and administrative expenses as a percentage of Net sales, Other (income) expense, net, Operating profit, Operating profit margin, Net income attributable to Colgate-Palmolive Company and Diluted earnings per common share are discussed both as reported (on a GAAP basis) and, as applicable, excluding charges resulting from the implementation of the 2012 Restructuring Program, the one-time charge resulting from the Venezuela devaluation, a charge associated with a European competition law matter, costs related to the sale of land in Mexico and costs associated with various business realignment and other cost-saving initiatives (non-GAAP). Management believes these non-GAAP financial measures provide investors with useful supplemental information regarding the performance of the Company’s ongoing operations. See “Non-GAAP Reconciliations” for the three and six months ended June 30, 2013 and 2012 included with this release for a reconciliation of these financial measures to the related GAAP measures.

The Company uses these financial measures internally in its budgeting process and as factors in determining compensation. While the Company believes that these financial measures are useful in evaluating the Company’s business, this information should be considered as supplemental in nature and is not meant to be considered in isolation or as a substitute for the related financial information prepared in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similar measures presented by other companies.

The Company defines free cash flow before dividends as Net cash provided by operations less Capital expenditures. As management uses this measure to evaluate the Company’s ability to satisfy current and future obligations, repurchase stock, pay dividends and fund future business opportunities, the Company believes that it provides useful information to investors. Free cash flow before dividends is not a measure of cash available for discretionary expenditures since the Company has certain non-discretionary obligations such as debt service that are not deducted from the measure. Free cash flow before dividends is not a GAAP measurement and may not be comparable to similarly titled measures reported by other companies. See “Condensed Consolidated Statements of Cash Flows” for the six months ended June 30, 2013 and 2012 for a comparison of free cash flow before dividends to Net cash provided by operations as reported in accordance with GAAP.

(See attached tables for second quarter results.)


Table 1

Colgate-Palmolive Company

Condensed Consolidated Income Statements

For the Three Months Ended June 30, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

2013 2012

Net sales $ 4,346 $ 4,267

Cost of sales 1,812 1,806

Gross profit 2,534 2,461

Gross profit margin 58.3 % 57.7 %

Selling, general and administrative expenses 1,526 1,464

Other (income) expense, net 102 15

Operating profit 906 982

Operating profit margin 20.8 % 23.0 %

Interest expense, net (5 ) 6

Income before income taxes 911 976

Provision for income taxes 307 311

Effective tax rate 33.7 % 31.9 %

Net income including noncontrolling interests 604 665

Less: Net income attributable to noncontrolling interests 43 38

Net income attributable to Colgate-Palmolive Company $ 561 $ 627

Earnings per common share
Basic $ 0.60 $ 0.66
Diluted $ 0.60 $ 0.65

Average common shares outstanding
Basic 933.1 954.6
Diluted 942.3 962.7


Table 2

Colgate-Palmolive Company

Condensed Consolidated Income Statements

For the Six Months Ended June 30, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)

2013 2012

Net sales $ 8,661 $ 8,467

Cost of sales 3,612 3,569

Gross profit 5,049 4,898

Gross profit margin 58.3 % 57.8 %

Selling, general and administrative expenses 3,062 2,942

Other (income) expense, net 339 36

Operating profit 1,648 1,920

Operating profit margin 19.0 % 22.7 %

Interest expense, net (8 ) 16

Income before income taxes 1,656 1,904

Provision for income taxes 546 606

Effective tax rate 33.0 % 31.8 %

Net income including noncontrolling interests 1,110 1,298

Less: Net income attributable to noncontrolling interests 89 78

Net income attributable to Colgate-Palmolive Company $ 1,021 $ 1,220

Earnings per common share
Basic $ 1.09 $ 1.27
Diluted $ 1.08 $ 1.26

Average common shares outstanding
Basic 934.8 957.4
Diluted 943.6 965.2


Table 3

Colgate-Palmolive Company

Condensed Consolidated Balance Sheets

As of June 30, 2013, December 31, 2012 and June 30, 2012

(Dollars in Millions) (Unaudited)


June 30, December 31, June 30,
2013 2012 2012

Cash and cash equivalents $ 884 $ 884 $ 995
Receivables, net 1,778 1,668 1,785
Inventories 1,440 1,365 1,368
Other current assets 765 639 687
Property, plant and equipment, net 3,776 3,842 3,625
Other assets, including goodwill and intangibles 4,844 4,996 4,693
Total assets $ 13,487 $ 13,394 $ 13,153

Total debt $ 5,628 $ 5,230 $ 5,363
Other current liabilities 3,848 3,432 3,271
Other non-current liabilities 2,207 2,342 2,009
Total liabilities 11,683 11,004 10,643
Total Colgate-Palmolive Company shareholders' equity 1,531 2,189 2,306
Noncontrolling interests 273 201 204
Total liabilities and shareholders' equity $ 13,487 $ 13,394 $ 13,153

Supplemental Balance Sheet Information
Debt less cash, cash equivalents and marketable securities* $ 4,570 $ 4,230 $ 4,282
Working capital % of sales (0.2 )% 0.7 % 2.8 %


*
Marketable securities of $174, $116 and $86 as of June 30, 2013, December 31, 2012 and June 30, 2012, respectively, are included in Other current assets.





Table 4

Colgate-Palmolive Company

Condensed Consolidated Statements of Cash Flows



For the Six Months Ended June 30, 2013 and 2012

(Dollars in Millions) (Unaudited)

2013 2012

Operating Activities
Net income including noncontrolling interests $ 1,110 $ 1,298
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operations:
Depreciation and amortization 221 211
Restructuring and termination benefits, net of cash 105 (27 )
Voluntary benefit plan contributions (100 ) (100 )
Stock-based compensation expense 52 48
Venezuela devaluation charge 172 -
Deferred income taxes (48 ) 14
Cash effects of changes in:
Receivables (194 ) (119 )
Inventories (118 ) (46 )
Accounts payable and other accruals 89 (148 )
Other non-current assets and liabilities 36 62
Net cash provided by operations 1,325 1,193

Investing Activities
Capital expenditures (243 ) (189 )
Purchases of marketable securities and investments (246 ) (219 )
Proceeds from sale of marketable securities and investments 92 71
Payment for acquisitions, net of cash acquired - (29 )
Other (1 ) 45
Net cash used in investing activities (398 ) (321 )

Financing Activities
Principal payments on debt (3,425 ) (2,307 )
Proceeds from issuance of debt 3,803 2,873
Dividends paid (625 ) (593 )
Purchases of treasury shares (771 ) (894 )
Proceeds from exercise of stock options and excess tax benefits 172 191
Net cash used in financing activities (846 ) (730 )

Effect of exchange rate changes on Cash and cash equivalents (81 ) (25 )
Net increase (decrease) in Cash and cash equivalents - 117
Cash and cash equivalents at beginning of period 884 878
Cash and cash equivalents at end of period $ 884 $ 995

Supplemental Cash Flow Information
Free cash flow before dividends (Net cash provided by operations less Capital expenditures)
Net cash provided by operations $ 1,325 $ 1,193
Less: Capital expenditures (243 ) (189 )
Free cash flow before dividends $ 1,082 $ 1,004


Income taxes paid $ 561 $ 682


Table 5

Colgate-Palmolive Company

Segment Information

For the Three and Six Months Ended June 30, 2013 and 2012

(Dollars in Millions) (Unaudited)


Three Months Ended
June 30,
Six Months Ended
June 30,

2013 2012 2013 2012
Net sales
Oral, Personal and Home Care

North America $ 762 $ 727 $ 1,526 $ 1,451
Latin America 1,282 1,300 2,496 2,501
Europe/South Pacific 824 850 1,672 1,704
Greater Asia/Africa 929 859 1,884 1,738

Total Oral, Personal and Home Care 3,797 3,736 7,578 7,394

Pet Nutrition 549 531 1,083 1,073

Total Net sales $ 4,346 $ 4,267 $ 8,661 $ 8,467


Three Months Ended
June 30,
Six Months Ended
June 30,

2013 2012 2013 2012
Operating profit
Oral, Personal and Home Care

North America $ 227 $ 190 $ 442 $ 367
Latin America 352 373 664 723
Europe/South Pacific 189 179 389 362
Greater Asia/Africa 238 220 486 440

Total Oral, Personal and Home Care 1,006 962 1,981 1,892

Pet Nutrition 136 145 272 293
Corporate(1) (236 ) (125 ) (605 ) (265 )


Total Operating profit
$ 906 $ 982 $ 1,648 $ 1,920


Note:
(1) Corporate operations includes costs related to stock options and restricted stock awards, research and development costs, Corporate overhead costs, restructuring and related implementation costs and gains and losses on sales of non-core product lines and assets.


Corporate Operating profit(loss) for the three months ended June 30, 2013 includes costs of $102 associated with the 2012 Restructuring Program, a charge of $18 for a competition law matter in France related to the home care and personal care sectors and costs of $6 related to the sale of land in Mexico. For the three months ended June 30, 2012, Corporate Operating profit(loss) included costs of $6 related to the sale of land in Mexico and costs of $13 associated with various business realignment and other cost-saving initiatives.



Corporate Operating profit(loss) for the six months ended June 30, 2013 includes costs of $168 associated with the 2012 Restructuring Program, a one-time $172 charge for the impact of the devaluation in Venezuela, a charge of $18 for a competition law matter in France related to the home care and personal care sectors and costs of $11 related to the sale of land in Mexico. For the six months ended June 30, 2012, Corporate Operating profit(loss) included costs of $13 related to the sale of land in Mexico and costs of $18 associated with various business realignment and other cost-saving initiatives.



Table 6

Colgate-Palmolive Company

Geographic Sales Analysis Percentage Changes

For the Three Months Ended June 30, 2013 vs 2012

(Unaudited)



COMPONENTS OF SALES CHANGE

Pricing
Coupons
Sales 3 Months Consumer &
Change Organic As Reported Organic Ex-Divested Trade Foreign

Region

As Reported

Sales Change

Volume

Volume

Volume

Incentives

Exchange


Total Company 2.0 % 5.5 % 4.0 % 4.5 % 4.5 % 1.0 % (3.0)%

Europe/South Pacific (3.0)% (2.0)% 0.5 % 1.0 % 1.0 % (3.0)% (0.5)%

Latin America (1.5)% 7.0 % 2.0 % 2.5 % 2.5 % 4.5 % (8.0)%

Greater Asia/Africa 8.0 % 9.5 % 9.5 % 9.5 % 9.5 % - % (1.5)%

Total International 1.0 % 5.0 % 4.0 % 4.0 % 4.0 % 1.0 % (4.0)%

North America 5.0 % 5.0 % 6.0 % 6.0 % 6.0 % (1.0)% - %

Total CP Products 1.5 % 5.0 % 4.5 % 4.5 % 4.5 % 0.5 % (3.5)%

Hill's 3.5 % 5.5 % 2.5 % 2.5 % 2.5 % 3.0 % (2.0)%


Emerging Markets (1) 3.0 % 8.5 % 5.5 % 6.0 % 6.0 % 2.5 % (5.0)%

Developed Markets 0.5 % 1.5 % 2.5 % 2.5 % 2.5 % (1.0)% (1.0)%

Notes:


(1) Emerging Markets include Latin America, Greater Asia/Africa (excluding Japan) and Central Europe.



Table 7

Colgate-Palmolive Company

Geographic Sales Analysis Percentage Changes

For the Six Months Ended June 30, 2013 vs 2012

(Unaudited)



COMPONENTS OF SALES CHANGE

Pricing
Coupons
Sales 6 Months Consumer &
Change Organic As Reported Organic Ex-Divested Trade Foreign

Region

As Reported

Sales Change

Volume

Volume

Volume

Incentives

Exchange


Total Company 2.5 % 5.5 % 4.0 % 4.0 % 4.5 % 1.5 % (3.0)%

Europe/South Pacific (2.0)% (1.0)% - % 0.5 % 0.5 % (1.5)% (0.5)%

Latin America - % 8.0 % 4.0 % 4.5 % 4.5 % 3.5 % (7.5)%

Greater Asia/Africa 8.5 % 10.0 % 10.5 % 10.5 % 10.5 % (0.5)% (1.5)%

Total International 2.0 % 6.0 % 4.5 % 5.0 % 5.0 % 1.0 % (3.5)%

North America 5.0 % 5.0 % 4.5 % 4.5 % 4.5 % 0.5 % - %

Total CP Products 2.5 % 6.0 % 4.5 % 5.0 % 5.0 % 1.0 % (3.0)%

Hill's 1.0% 3.0 % (0.5)% (0.5)% (0.5)% 3.5 % (2.0)%


Emerging Markets (1) 3.5 % 9.0 % 6.5 % 7.0 % 7.0 % 2.0 % (5.0)%

Developed Markets 1.0 % 2.0 % 1.5 % 1.5 % 1.5 % 0.5 % (1.0)%

Notes:

(1) Emerging Markets include Latin America, Greater Asia/Africa (excluding Japan) and Central Europe.


Table 8

Colgate-Palmolive Company

Non-GAAP Reconciliations

For the Three Months Ended June 30, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)



Gross Profit 2013 2012
Gross profit, GAAP $ 2,534 $ 2,461
2012 Restructuring Program 10 -
Costs related to the sale of land in Mexico 4 6
Business realignment and other cost-saving initiatives - 2
Gross profit, non-GAAP $ 2,548 $ 2,469

Basis Point
Gross Profit Margin 2013 2012 Change
Gross profit margin, GAAP 58.3 % 57.7 % 60
2012 Restructuring Program 0.2 % -
Costs related to the sale of land in Mexico 0.1 % 0.1 %
Business realignment and other cost-saving initiatives - 0.1 %
Gross profit margin, non-GAAP 58.6 % 57.9 % 70


Selling, General and Administrative Expenses 2013 2012
Selling, general and administrative expenses, GAAP $ 1,526 $ 1,464
2012 Restructuring Program (14 ) -
Business realignment and other cost-saving initiatives - (5 )
Selling, general and administrative expenses, non-GAAP $ 1,512 $ 1,459

Basis Point
Selling, General and Administrative Expenses as a Percentage of Net Sales 2013 2012 Change
Selling, general and administrative expenses as a percentage of Net sales, GAAP 35.1 % 34.3 % 80
2012 Restructuring Program (0.3 %) -
Business realignment and other cost-saving initiatives - (0.1 %)
Selling, general and administrative expenses as a percentage of Net sales, non-GAAP 34.8 % 34.2 % 60


Other (Income) Expense, Net 2013 2012
Other (income) expense, net, GAAP $ 102 $ 15
2012 Restructuring Program (78 ) -
Charge for a French competition law matter (18 ) -
Costs related to the sale of land in Mexico (2 ) -
Business realignment and other cost-saving initiatives - (6 )
Other (income) expense, net, non-GAAP $ 4 $ 9


Operating Profit 2013 2012 % Change
Operating profit, GAAP $ 906 $ 982 (8 %)
2012 Restructuring Program 102 -
Charge for a French competition law matter 18 -
Costs related to the sale of land in Mexico 6 6
Business realignment and other cost-saving initiatives - 13
Operating profit, non-GAAP $ 1,032 $ 1,001 3 %

Basis Point
Operating Profit Margin 2013 2012 Change
Operating profit margin, GAAP 20.8 % 23.0 % (220 )
2012 Restructuring Program 2.4 % -
Charge for a French competition law matter 0.4 % -
Costs related to the sale of land in Mexico 0.1 % 0.2 %
Business realignment and other cost-saving initiatives - 0.3 %
Operating profit margin, non-GAAP 23.7 % 23.5 % 20


Net Income Attributable to Colgate-Palmolive Company 2013 2012 % Change
Net income attributable to Colgate-Palmolive Company, GAAP $ 561 $ 627 (11 %)
2012 Restructuring Program 79 -
Charge for a French competition law matter 18 -
Costs related to the sale of land in Mexico 4 5
Business realignment and other cost-saving initiatives - 9
Net income attributable to Colgate-Palmolive Company, non-GAAP $ 662 $ 641 3 %


Earnings Per Common Share, Diluted (1) (2) 2013 2012 % Change
Diluted earnings per common share, GAAP $ 0.60 $ 0.65 (8 %)
2012 Restructuring Program 0.08 -
Charge for a French competition law matter 0.02 -
Costs related to the sale of land in Mexico - 0.01
Business realignment and other cost-saving initiatives - 0.01
Diluted earnings per common share, non-GAAP $ 0.70 $ 0.67 4 %



(1) The impact of non-GAAP adjustments on the diluted earnings per share may not necessarily equal the difference between "GAAP" and "non-GAAP" as a result of rounding.



(2) As a result of the two-for-one stock split, effective May 15, 2013, all historical per share data and number of shares were retroactively adjusted. Diluted earnings per share was computed independently for each quarter presented.



Table 9

Colgate-Palmolive Company

Non-GAAP Reconciliations

For the Six Months Ended June 30, 2013 and 2012

(Dollars in Millions Except Per Share Amounts) (Unaudited)



Gross Profit 2013 2012
Gross profit, GAAP $ 5,049 $ 4,898
2012 Restructuring Program 18 -
Costs related to the sale of land in Mexico 8 13
Business realignment and other cost-saving initiatives - 4
Gross profit, non-GAAP $ 5,075 $ 4,915

Basis Point
Gross Profit Margin 2013 2012 Change
Gross profit margin, GAAP 58.3 % 57.8 % 50
2012 Restructuring Program 0.2 % -
Costs related to the sale of land in Mexico 0.1 % 0.2 %
Gross profit margin, non-GAAP 58.6 % 58.0 % 60


Selling, General and Administrative Expenses 2013 2012
Selling, general and administrative expenses, GAAP $ 3,062 $ 2,942
2012 Restructuring Program (22 ) -
Business realignment and other cost-saving initiatives - (12 )
Selling, general and administrative expenses, non-GAAP $ 3,040 $ 2,930

Basis Point
Selling, General and Administrative Expenses as a Percentage of Net Sales 2013 2012 Change
Selling, general and administrative expenses as a percentage of Net sales, GAAP 35.4 % 34.7 % 70
2012 Restructuring Program (0.3 %) -
Business realignment and other cost-saving initiatives - (0.1 %)
Selling, general and administrative expenses as a percentage of Net sales, non-GAAP 35.1 % 34.6 % 50


Other (Income) Expense, Net 2013 2012
Other (income) expense, net, GAAP $ 339 $ 36
2012 Restructuring Program (128 ) -
Venezuela devaluation charge (172 ) -
Charge for a French competition law matter (18 ) -
Costs related to the sale of land in Mexico (3 ) -
Business realignment and other cost-saving initiatives - (2 )
Other (income) expense, net, non-GAAP $ 18 $ 34


Operating Profit 2013 2012 % Change
Operating profit, GAAP $ 1,648 $ 1,920 (14 %)
2012 Restructuring Program 168 -
Venezuela devaluation charge 172 -
Charge for a French competition law matter 18 -
Costs related to the sale of land in Mexico 11 13
Business realignment and other cost-saving initiatives - 18
Operating profit, non-GAAP $ 2,017 $ 1,951 3 %

Basis Point
Operating Profit Margin 2013 2012 Change
Operating profit margin, GAAP 19.0 % 22.7 % (370 )
2012 Restructuring Program 2.0 % -
Venezuela devaluation charge 2.0 % -
Charge for a French competition law matter 0.2 % -
Costs related to the sale of land in Mexico 0.1 % 0.1 %
Business realignment and other cost-saving initiatives - 0.2 %
Operating profit margin, non-GAAP 23.3 % 23.0 % 30


Net Income Attributable to Colgate-Palmolive Company 2013 2012 % Change
Net income attributable to Colgate-Palmolive Company, GAAP $ 1,021 $ 1,220 (16 %)
2012 Restructuring Program 131 -
Venezuela devaluation charge 111 -
Charge for a French competition law matter 18 -
Costs related to the sale of land in Mexico 7 10
Business realignment and other cost-saving initiatives - 12
Net income attributable to Colgate-Palmolive Company, non-GAAP $ 1,288 $ 1,242 4 %


Earnings Per Common Share, Diluted (1) (2) 2013 2012 % Change
Diluted earnings per common share, GAAP $ 1.08 $ 1.26 (14 %)
2012 Restructuring Program 0.14 -
Venezuela devaluation charge 0.12 -
Charge for a French competition law matter 0.02 -
Costs related to the sale of land in Mexico - 0.01
Business realignment and other cost-saving initiatives - 0.02
Diluted earnings per common share, non-GAAP $ 1.36 $ 1.29 5 %



(1) The impact of non-GAAP adjustments on the diluted earnings per share may not necessarily equal the difference between "GAAP" and "non-GAAP" as a result of rounding.



(2) As a result of the two-for-one stock split, effective May 15, 2013, all historical per share data and number of shares were retroactively adjusted. Diluted earnings per share was computed independently for each quarter and the year-to-date period presented. As a result of the stock split, changes in shares outstanding during the year and rounding, the sum of the quarters' earnings per share may not necessarily equal the earnings per share for the year-to-date period.



.
.
Contact:.
.
Colgate-Palmolive Company
Bina Thompson, 212-310-3072
Hope Spiller, 212-310-2291
👍️0
ECole ECole 11 years ago
Pleased with the fact that as a company have this quarter between 53% and 54% of that worldwide sales in the higher growth emerging markets

read here.. Earnings transcript
http://www.earningsimpact.com/Transcript/82298/CL/Colgate-Palmolive-Company---Q2-2013-Earnings-Call
👍️0
TRUISM TRUISM 11 years ago
Please remember that the stock split takes effect tomorrow morning.
👍️0
johnsyn johnsyn 11 years ago
eeeehhhh, not great, but not a disaster either.
👍️0
Drmicrocap Drmicrocap 11 years ago
..

Colgate Announces 1st Quarter 2013 Results


Strong Organic Sales Growth Worldwide
Press Release: Colgate-Palmolive Company – Thu, Apr 25, 2013 7:00 AM EDT.. .
.


Email






Print
...

.
.

RELATED QUOTES.
.



Symbol

Price

Change




CL

121.26

+0.53





.
.
..

.
.


NEW YORK--(BUSINESS WIRE)--

Colgate-Palmolive Company (CL) today reported worldwide Net sales of $4,315 million in first quarter 2013, an increase of 2.5% versus first quarter 2012. Global unit volume grew 4.0%, pricing increased 1.5% and foreign exchange was negative 3.0%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 6.0%.

Net income and Diluted earnings per share in first quarter 2013 were $460 million and $0.97, respectively. Net income in first quarter 2013 included a one-time aftertax charge of $111 million ($0.23 per diluted share) related to the remeasurement of the Venezuelan balance sheet as a result of the currency devaluation on February 9, 2013. Net income in first quarter 2013 also included $55 million ($0.12 per diluted share) of aftertax charges resulting from the implementation of the previously disclosed four-year Global Growth and Efficiency Program (the “2012 Restructuring Program”) and costs associated with the sale of land in Mexico.

Net income and Diluted earnings per share in first quarter 2012 were $593 million and $1.23, respectively. As previously disclosed, Net income in first quarter 2012 included aftertax charges of $8 million ($0.01 per diluted share) resulting from the items described in Table 6.

Excluding the above noted items in both periods, Net income in first quarter 2013 was $626 million, an increase of 4% versus first quarter 2012, and Diluted earnings per share in first quarter 2013 was $1.32, an increase of 6% versus first quarter 2012.

Gross profit margin was 58.3% in first quarter 2013 versus 58.0% in the year ago quarter. Excluding the above noted items in both periods, Gross profit margin was 58.6% in first quarter 2013, an increase of 40 basis points versus the year ago quarter, as higher pricing and cost savings from the Company’s funding-the-growth initiatives more than offset higher raw and packaging material costs and the impact of the sale of higher cost inventory on hand in Venezuela prior to the devaluation.

Selling, general and administrative expenses were 35.6% of Net sales in first quarter 2013 versus 35.2% in first quarter 2012. Excluding the above noted items in both periods, Selling, general and administrative expenses increased by 40 basis points to 35.4% of Net sales in first quarter 2013, as advertising investment increased by 20 basis points and overhead expenses increased by 20 basis points primarily due to increased investment in customer development initiatives. Worldwide advertising investment on an absolute basis increased 5% versus the year ago quarter to $471 million.

Operating profit decreased 21% to $742 million in first quarter 2013 compared to $938 million in first quarter 2012. Excluding the above noted items in both periods, Operating profit increased 4% to $985 million.

Net cash provided by operations increased 17% to $777 million in the first quarter of 2013, compared to $662 million in the comparable 2012 period. The increase was driven by strong operating earnings as well as a continued tight focus on working capital, especially accounts receivable and inventory management. Free cash flow before dividends (Net cash provided by operations less Capital expenditures) exceeded 100% of Net income. Working capital as a percentage of Net sales improved to negative 0.5% versus negative 0.1% in the year ago period.

Ian Cook, Chairman, President and Chief Executive Officer, commented on the results and outlook excluding the 2013 and 2012 items noted above, “We are very pleased to begin the year with strong top and bottom line growth, building on the growth momentum we saw in 2012. Gross profit margin, operating profit margin and net income as a percent of sales all increased versus the year ago period.

“The excellent 6.0% organic sales growth was well balanced between solid unit volume gains and higher pricing worldwide. All operating divisions achieved positive organic sales growth in the quarter, led by the emerging markets where organic sales grew a robust 9.5%.

“Advertising investment increased versus year ago, both absolutely and as a percent to sales, and we continue to plan for higher levels of commercial investment in the balance of the year in support of a very full pipeline of new products worldwide.

“Colgate’s global market shares in toothpaste and manual toothbrushes are both at record highs year to date. Colgate’s share of the global toothpaste market strengthened to 45.6% year to date, up 0.1 share points versus year ago. Our global leadership in manual toothbrushes also strengthened during the quarter with Colgate’s global market share in that category reaching 33.4% year to date, up 0.4 share points versus year ago.

“Looking forward, we expect our growth momentum to continue as we progress through the year. We are pleased that our global restructuring program is on track and proceeding smoothly. We also continue to be sharply focused on our aggressive funding-the-growth programs and our strategic worldwide pricing initiatives.

“Based on this, we anticipate another year of strong organic sales growth and gross margin expansion in 2013. In light of the ongoing impact of the Venezuela currency devaluation in 2013, which we still expect to be $0.05 to $0.07 per quarter, we continue to expect diluted earnings per share to grow 5.5% to 6.5% for the year, on a dollar basis.”

At 11:00 a.m. ET today, Colgate will host a conference call to elaborate on first quarter results. To access this call as a webcast, please go to Colgate’s web site at http://www.colgatepalmolive.com.

The following are comments about divisional performance for first quarter 2013 versus the year ago period. See attached Geographic Sales Analysis and Segment Information schedules for additional information on divisional sales and operating profit.

North America (18% of Company Sales)

North America Net sales increased 5.5% in first quarter 2013. Unit volume increased 3.5% with 2.0% higher pricing and foreign exchange was even with the year ago quarter. Organic sales increased 5.5% during the quarter.

Operating profit in North America increased 22% in the first quarter of 2013 to $215 million, or 28.1% of Net sales. This increase in Operating profit was due to an increase in Gross profit, which was partially offset by an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was mainly driven by lower raw and packaging material costs and savings from the Company’s funding-the-growth initiatives. This increase in Selling, general and administrative expenses was due to higher advertising investment, which was partially offset by lower overhead costs.

In the U.S., new product launches are contributing to volume growth across categories. Market share gains year to date were seen in manual toothbrushes, powered toothbrushes, mouthwash, body washes and fabric conditioners. In toothpaste, the success of Colgate Optic White and Colgate Optic White Dual Action toothpastes helped drive market share for the Optic White brand to 5.7% year to date, up 1.3 share points versus year ago. In manual toothbrushes, Colgate’s market share reached a record 37.1% year to date, up 0.3 share points versus year ago, driven by the success of Colgate 360° Optic White, Colgate 360° Total Advanced Floss Tip bristles and Colgate Extra Clean manual toothbrushes.

Successful new products driving volume growth in the U.S. in other categories include Colgate Optic White mouthwash, Softsoap brand Acai Berry & Tropical Water and Softsoap brand Coconut Island Quench body washes, Irish Spring Deep Action Scrub bar soap, Softsoap brand Antibacterial liquid hand soap, Palmolive Lotus Blossom & Lavender and Ajax with Aloe dish liquids and Suavitel Silky Essence fabric conditioner.

Exciting new products launching in second quarter 2013 include Colgate Total Advanced Pro-Shield mouthwash, an important addition to the Colgate Total oral care regimen. The launch will be supported by an integrated marketing campaign featuring television personality Kelly Ripa as the new spokesperson for the Colgate Total brand.

Latin America (28% of Company Sales)

Latin America Net sales increased 1.0% in first quarter 2013. Unit volume increased 5.5% with 3.0% higher pricing and 7.5% negative foreign exchange. Volume gains were led by Mexico, Brazil, Venezuela and the Southern Cone region. Organic sales for Latin America increased 9.0% during the quarter.

Operating profit in Latin America decreased 11% in the first quarter of 2013 to $312 million, or 25.7% of Net sales. This decrease in Operating profit was due to a decrease in Gross profit and an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This decrease in Gross profit is due to higher costs in Venezuela primarily associated with charging Cost of sales, as required, with the historical U.S. dollar cost of inventory acquired prior to the devaluation. This increase in Selling, general and administrative expenses was primarily due to higher costs in Venezuela due to inflation.

Colgate’s strong leadership in oral care throughout Latin America continued during the quarter with year-to-date toothpaste market share gains in Brazil, Chile, Uruguay, the Dominican Republic and Puerto Rico. Strong sales of Colgate Luminous White toothpaste drove volume growth throughout the region. Colgate strengthened its leadership of the manual toothbrush market throughout the region, driven by strong sales of Colgate 360° Luminous White and Colgate Triple Action manual toothbrushes. In mouthwash, Colgate’s year-to-date market share is at a record high in the region with gains driven by Colgate Luminous White mouthwash and the relaunch of Colgate Plax mouthwash.

Products in other categories contributing to market share gains include Protex Men and Palmolive Naturals Pomegranate bar soaps, Speed Stick DNA and Lady Speed Stick Neutro deodorants, Axion dish liquid and the relaunch of Suavitel Good Bye Ironing fabric conditioner.

Europe/South Pacific (20% of Company Sales)

Europe/South Pacific Net sales in first quarter 2013 decreased 0.5%. Unit volume and pricing were even with the year ago period and foreign exchange was negative 0.5%. Volume gains in Australia, Holland and Germany more than offset volume declines in Greece and the United Kingdom. Organic sales for Europe/South Pacific increased 0.5%.

Operating profit in Europe/South Pacific increased 9% in the first quarter of 2013 to $200 million, or 23.6% of Net sales. This increase in Operating profit was due to an increase in Gross profit and a decrease in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was driven by savings from the Company’s funding-the-growth initiatives. This decrease in Selling, general and administrative expenses was driven by higher advertising investment which was more than offset by lower overhead expenses.

Colgate strengthened its oral care leadership in the Europe/South Pacific region with toothpaste share gains led by France, Italy, Netherlands, Czech Republic, Croatia and Bulgaria. Successful premium products driving share gains include Colgate Total Pro Gum Health, Colgate Total Interdental, elmex Sensitive and Colgate Max White One Fresh toothpastes. In the manual toothbrush category, Colgate 360° Max White One manual toothbrush contributed to growth throughout the region.

Recent premium innovations contributing to volume growth in other product categories include Colgate Max White One, Colgate Total Pro Gum Health and Colgate Plax Complete Care mouthwashes, Colgate ProClinical electric toothbrush, Sanex Zero% deodorant, Palmolive Ayurituel shower gels and liquid hand soaps, Ajax Pure Home liquid cleaner and Soupline Aroma Sensations fabric conditioner.

Greater Asia/Africa (22% of Company Sales)

Greater Asia/Africa Net sales and unit volume increased 8.5% and 11.0%, respectively, during first quarter 2013. Volume gains were led by India, Russia, the Greater China region, Turkey, the Philippines and South Africa. Pricing decreased 1.0% and foreign exchange was negative 1.5%. Organic sales for Greater Asia/Africa increased 10.0%.

Operating profit in Greater Asia/Africa increased 13% in the first quarter of 2013 to $248 million, or 26.0% of Net sales. This increase in Operating profit was a result of an increase in Gross profit which was partially offset by an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This increase in Gross profit was due to cost savings from the Company’s funding-the-growth initiatives, partially offset by lower pricing. This increase in Selling, general and administrative expenses was driven by higher advertising investment and increased investment in customer development initiatives.

Colgate continued its toothpaste leadership in Greater Asia, driven by market share gains in India, China, Thailand, the Philippines, Singapore and Vietnam. Successful new products including Colgate Optic White, Colgate Total Pro Gum Health, Darlie Enamel and Darlie Expert White toothpastes contributed to volume growth throughout the region.

Successful products contributing to volume growth in other categories in the region include Colgate Slim Soft and Colgate 360° Surround manual toothbrushes, Colgate Optic White and Colgate Plax Fruity Fresh mouthwashes and Protex for Men shower gel.

Hill’s Pet Nutrition (12% of Company Sales)

Hill’s Net sales decreased 1.5% during first quarter 2013. Unit volume decreased 3.0%, pricing increased 3.5% and foreign exchange was negative 2.0%. Volume declines in the U.S., Europe and Japan were partially offset by volume gains in Russia, Canada, Australia and Brazil. Hill’s organic sales increased 0.5%.

Hill’s Operating profit decreased 8% in the first quarter of 2013 to $136 million, or 25.5% of Net sales. This decrease in Operating profit was due to a decrease in Gross profit and an increase in Selling, general and administrative expenses, both as a percentage of Net sales. This decrease in Gross profit was driven by higher raw and packaging material costs, which were partially offset by higher pricing and cost savings from the Company’s funding-the-growth initiatives. This increase in Selling, general and administrative expenses was primarily due to increased investment in customer development initiatives.

New product introductions contributing to sales in the U.S. include Hill’s Ideal Balance Canine and Feline, with natural ingredients perfectly balanced, Prescription Diet Canine and Feline Metabolic Advanced Weight Solution, Prescription Diet i/d Canine Low Fat GI Restore, specially formulated to help manage gastrointestinal disorders, and the relaunch of Science Diet Canine and Feline with upgraded meat first, 100% natural ingredients and improved package design.

New pet food products contributing to international sales include reformulated Science Plan Adult and Mature Adult Canine and Feline with improved taste, reformulated Prescription Diet j/d Canine with improved taste, Prescription Diet Canine and Feline Metabolic Advanced Weight Solution and the relaunch of Science Plan Nature’s Best with upgraded ingredients and package design.

***

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. CL-E

Substantially all market share data included in this press release is compiled from data as measured by Nielsen.

Cautionary Statement on Forward-Looking Statements

This press release and the related webcast (other than historical information) may contain forward-looking statements. Such statements may relate, for example, to sales or volume growth, organic sales growth, profit or profit margin growth, earnings growth, financial goals, the impact of currency devaluations, exchange controls, price controls and labor unrest, including in Venezuela, cost-reduction plans including the 2012 Restructuring Program, tax rates, new product introductions or commercial investment levels. These statements are made on the basis of our views and assumptions as of this time and we undertake no obligation to update these statements. We caution investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements. Investors should consult the Company’s filings with the Securities and Exchange Commission (including the information set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012) for information about certain factors that could cause such differences. Copies of these filings may be obtained upon request from the Company’s Investor Relations Department or on the Company’s web site at http://www.colgatepalmolive.com.

Non-GAAP Financial Measures

The following provides information regarding the non-GAAP financial measures used in this earnings release and/or the related webcast:

To supplement Colgate’s Condensed Consolidated Income Statements presented in accordance with accounting principles generally accepted in the United States of America (GAAP), the Company has disclosed non-GAAP measures of operating results that exclude certain items. Worldwide Gross profit, Gross profit margin, Selling, general and administrative expenses, Selling, general and administrative expenses as a percentage of Net sales, Other (income) expense, net, Operating profit, Operating profit margin, Net income attributable to Colgate-Palmolive Company and Diluted earnings per common share are discussed both as reported (on a GAAP basis) and, as applicable, excluding charges resulting from the implementation of the 2012 Restructuring Program, the one-time charge resulting from the Venezuela devaluation, costs related to the sale of land in Mexico and costs associated with various business realignment and other cost-saving initiatives (non-GAAP). Management believes these non-GAAP financial measures provide investors with useful supplemental information regarding the performance of the Company’s ongoing operations. See “Non-GAAP Reconciliations” for the three months ended March 31, 2013 and 2012 included with this release for a reconciliation of these financial measures to the related GAAP measures.

This release discusses organic sales growth, which is Net sales growth excluding the impact of foreign exchange, acquisitions and divestments. Management believes this measure provides investors with useful supplemental information regarding the Company’s underlying sales trends by presenting sales growth excluding the external factor of foreign exchange as well as the impact from acquisitions and divestments. See “Geographic Sales Analysis Percentage Changes” for the three months ended March 31, 2013 vs 2012 included with this release for a comparison of organic sales growth to sales growth in accordance with GAAP.

The Company uses these financial measures internally in its budgeting process and as factors in determining compensation. While the Company believes that these financial measures are useful in evaluating the Company’s business, this information should be considered as supplemental in nature and is not meant to be considered in isolation or as a substitute for the related financial information prepared in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similar measures presented by other companies.

The Company defines free cash flow before dividends as Net cash provided by operations less Capital expenditures. As management uses this measure to evaluate the Company’s ability to satisfy current and future obligations, repurchase stock, pay dividends and fund future business opportunities, the Company believes that it provides useful information to investors. Free cash flow before dividends is not a measure of cash available for discretionary expenditures since the Company has certain non-discretionary obligations such as debt service that are not deducted from the measure. Free cash flow before dividends is not a GAAP measurement and may not be comparable to similarly titled measures reported by other companies. See “Condensed Consolidated Statements of Cash Flows” for the three months ended March 31, 2013 and 2012 for a comparison of free cash flow before dividends to Net cash provided by operations as reported in accordance with GAAP.

(See attached tables for first quarter results.)





























Table 1





















Colgate-Palmolive Company





















Condensed Consolidated Statements of Income





















For the Three Months Ended March 31, 2013 and 2012





















(Dollars in Millions Except Per Share Amounts) (Unaudited)





























2013





2012





















Net sales







$

4,315







$

4,200























Cost of sales









1,800









1,763























Gross profit









2,515









2,437























Gross profit margin









58.3

%







58.0

%





















Selling, general and administrative expenses









1,536









1,478























Other expense, net









237









21























Operating profit









742









938























Operating profit margin









17.2

%







22.3

%





















Interest (income) expense, net









(3

)







10























Income before income taxes









745









928























Provision for income taxes









239









295























Effective tax rate









32.1

%







31.8

%





















Net income including noncontrolling interests









506









633























Less: Net income attributable to noncontrolling interests









46









40























Net income attributable to Colgate-Palmolive Company







$

460







$

593























Earnings per common share

















Basic







$

0.98







$

1.24





Diluted







$

0.97







$

1.23























Average common shares outstanding

















Basic









468.3









480.1





Diluted









472.5









483.9

























































































Table 2



































Colgate-Palmolive Company



































Condensed Consolidated Balance Sheets



































As of March 31, 2013, December 31, 2012 and March 31, 2012



































(Dollars in Millions) (Unaudited)















































































March 31,





December 31,





March 31,



















2013





2012





2012







































Cash and cash equivalents









$

932







$

884







$

1,044









Receivables, net











1,808









1,668









1,827









Inventories











1,371









1,365









1,400









Other current assets











717









639









578









Property, plant and equipment, net











3,820









3,842









3,702









Other assets, including goodwill and intangibles











4,885









4,996









4,703









Total assets









$

13,533







$

13,394







$

13,254









































Total debt









$

5,357







$

5,230







$

4,967









Other current liabilities











3,829









3,432









3,735









Other non-current liabilities











2,328









2,342









2,056









Total liabilities











11,514









11,004









10,758









Total Colgate-Palmolive Company shareholders' equity











1,772









2,189









2,290









Noncontrolling interests











247









201









206









Total liabilities and shareholders' equity









$

13,533







$

13,394







$

13,254









































Supplemental Balance Sheet Information





























Debt less cash, cash equivalents and marketable securities*









$

4,261







$

4,230







$

3,841









Working capital % of sales











(0.5

)%







0.7

%







(0.1

)%























































*

Marketable securities of $164, $116 and $82 as of March 31, 2013, December 31, 2012 and March 31, 2012, respectively, are included





in Other current assets.









































Table 3





















Colgate-Palmolive Company





















Condensed Consolidated Statements of Cash Flows





















For the Three Months Ended March 31, 2013 and 2012





















(Dollars in Millions) (Unaudited)





























2013





2012





















Operating Activities

















Net income including noncontrolling interests







$

506







$

633





Adjustments to reconcile net income including noncontrolling interests to net cash provided by operations:

















Depreciation and amortization









110









106





Restructuring and termination benefits, net of cash









30









(17

)



Stock-based compensation expense









32









29





Venezuela devaluation charge









172









-





Deferred income taxes









(17

)







22





Cash effects of changes in:

















Receivables









(175

)







(90

)



Inventories









(15

)







(38

)



Accounts payable and other accruals









112









(35

)



Other non-current assets and liabilities









22









52





Net cash provided by operations









777









662























Investing Activities

















Capital expenditures









(94

)







(60

)



Purchases of marketable securities and investments









(199

)







(51

)



Proceeds from sale of marketable securities and investments









54









32





Other









7









38





Net cash used in investing activities









(232

)







(41

)





















Financing Activities

















Principal payments on debt









(1,436

)







(1,013

)



Proceeds from issuance of debt









1,553









1,183





Dividends paid









(290

)







(278

)



Purchases of treasury shares









(385

)







(463

)



Proceeds from exercise of stock options and excess tax benefits









96









106





Net cash used in financing activities









(462

)







(465

)





















Effect of exchange rate changes on Cash and cash equivalents









(35

)







10





Net increase in Cash and cash equivalents









48









166





Cash and cash equivalents at beginning of period









884









878





Cash and cash equivalents at end of period







$

932







$

1,044























Supplemental Cash Flow Information

















Free cash flow before dividends (Net cash provided by operations less Capital expenditures)

















Net cash provided by operations







$

777







$

662





Less: Capital expenditures









(94

)







(60

)



Free cash flow before dividends







$

683







$

602









































Income taxes paid







$

182







$

223







































Table 4























Colgate-Palmolive Company























Segment Information























For the Three Months Ended March 31, 2013 and 2012























(Dollars in Millions) (Unaudited)






















































Three Months Ended
March 31,













2013





2012



Net sales

















Oral, Personal and Home Care



































North America







$

764







$

724





Latin America









1,214









1,201





Europe/South Pacific









848









854





Greater Asia/Africa









955









879

























Total Oral, Personal and Home Care









3,781









3,658

























Pet Nutrition









534









542

























Total Net sales







$

4,315








$

4,200
























































Three Months Ended
March 31,














2013





2012



Operating profit

















Oral, Personal and Home Care





































North America







$

215







$

177





Latin America









312









350





Europe/South Pacific









200









183





Greater Asia/Africa









248









220

























Total Oral, Personal and Home Care









975









930

























Pet Nutrition









136









148





Corporate(1)









(369

)







(140

)























Total Operating profit







$

742







$

938











Note:



(1)



Corporate operations include costs related to stock options and restricted stock awards, research and development costs, Corporate overhead costs, restructuring and related implementation costs and gains and losses on sales of non-core product lines and assets.















For the three months ended March 31, 2013, Corporate Operating profit (loss) includes charges of $66 associated with the 2012 Restructuring Program, a one-time $172 charge for the impact of the devaluation in Venezuela and costs of $5 related to the sale of land in Mexico.
















For the three months ended March 31, 2012, Corporate Operating profit (loss) includes costs of $7 related to the sale of land in Mexico and $5 associated with various business realignment and other cost-saving initiatives.
























































Table 5



















































Colgate-Palmolive Company



















































Geographic Sales Analysis Percentage Changes



















































For the Three Months Ended March 31, 2013 vs 2012



















































(Unaudited)







































































































































































COMPONENTS OF SALES CHANGE

























































































Pricing















































Coupons

















Sales





























Consumer &

















Change





Organic





As Reported





Organic





Ex-Divested





Trade





Foreign




Region








As Reported






Sales Change






Volume






Volume






Volume






Incentives






Exchange



















































Total Company







2.5

%





6.0

%





4.0

%





4.5

%





4.5

%





1.5

%





(3.0

)%



















































Europe/South Pacific







(0.5

)%





0.5

%





-








0.5

%





0.5

%





-








(0.5

)%



















































Latin America







1.0

%





9.0

%





5.5

%





6.0

%





6.0

%





3.0

%





(7.5

)%



















































Greater Asia/Africa







8.5

%





10.0

%





11.0

%





11.0

%





11.0

%





(1.0

)%





(1.5

)%



















































Total International







3.0

%





7.0

%





5.5

%





6.0

%





6.0

%





1.0

%





(3.5

)%



















































North America







5.5

%





5.5

%





3.5

%





3.5

%





3.5

%





2.0

%





-






















































Total CP Products







3.5

%





6.5

%





5.5

%





5.5

%





5.5

%





1.0

%





(3.0

)%



















































Hill's







(1.5

)%





0.5

%





(3.0

)%





(3.0

)%





(3.0

)%





3.5

%





(2.0

)%



































































































Emerging Markets (1)







4.0

%





9.5

%





7.5

%





8.0

%





8.0

%





1.5

%





(5.0

)%



















































Developed Markets







1.0

%





2.0

%





0.5

%





0.5

%





0.5

%





1.5

%





(1.0

)%












Notes:







(1) Emerging Markets include Latin America, Greater Asia/Africa (excluding Japan) and Central Europe.




























































Table 6








Colgate-Palmolive Company
































Non-GAAP Reconciliations































For the Three Months Ended March 31, 2013 and 2012
































(Dollars in Millions Except Per Share Amounts) (Unaudited)



























































Gross Profit











2013





2012









Gross profit, GAAP











$

2,515







$

2,437











2012 Restructuring Program













8









-











Costs related to the sale of land in Mexico













4









7











Business realignment and other cost-saving initiatives













-









2











Gross profit, non-GAAP











$

2,527







$

2,446































































Basis Point



Gross Profit Margin











2013





2012





Change



Gross profit margin, GAAP













58.3

%







58.0

%





30





2012 Restructuring Program













0.2

%







-











Costs related to the sale of land in Mexico













0.1

%







0.2

%









Business realignment and other cost-saving initiatives













-









-











Gross profit margin, non-GAAP













58.6

%







58.2

%





40





























































Selling, General and Administrative Expenses











2013





2012









Selling, general and administrative expenses, GAAP











$

1,536







$

1,478











2012 Restructuring Program













(8

)







-











Business realignment and other cost-saving initiatives













-









(7

)









Selling, general and administrative expenses, non-GAAP











$

1,528







$

1,471































































Basis Point



Selling, General and Administrative Expenses as a Percentage of Net Sales











2013





2012





Change



Selling, general and administrative expenses as a percentage of Net sales, GAAP













35.6

%







35.2

%





40





2012 Restructuring Program













(0.2

)%







-











Business realignment and other cost-saving initiatives













-









(0.2

)%









Selling, general and administrative expenses as a percentage of Net sales, non-GAAP













35.4

%







35.0

%





40





























































Other (Income) Expense, Net











2013





2012









Other (income) expense, net, GAAP











$

237







$

21











2012 Restructuring Program













(50

)







-











Venezuela devaluation charge













(172

)







-











Costs related to the sale of land in Mexico













(1

)







-











Business realignment and other cost-saving initiatives













-









4











Other (income) expense, net, non-GAAP











$

14







$

25



































































Operating Profit











2013





2012





% Change





Operating profit, GAAP











$

742







$

938







(21

)%



2012 Restructuring Program













66









-











Venezuela devaluation charge













172









-











Costs related to the sale of land in Mexico













5









7











Business realignment and other cost-saving initiatives













-









5











Operating profit, non-GAAP











$

985







$

950







4

%























































Basis Point



Operating Profit Margin











2013





2012





Change



Operating profit margin, GAAP













17.2

%







22.3

%





(510

)



2012 Restructuring Program













1.5

%







-











Venezuela devaluation charge













4.0

%







-











Costs related to the sale of land in Mexico













0.1

%







0.2

%









Business realignment and other cost-saving initiatives













-









0.1

%









Operating profit margin, non-GAAP













22.8

%







22.6

%





20





























































Net Income Attributable to Colgate-Palmolive Company











2013





2012





% Change





Net income attributable to Colgate-Palmolive Company, GAAP











$

460







$

593







(22

)%



2012 Restructuring Program













52









-











Venezuela devaluation charge













111









-











Costs related to the sale of land in Mexico













3









5











Business realignment and other cost-saving initiatives













-









3











Net income attributable to Colgate-Palmolive Company, non-GAAP











$

626







$

601







4

%



























































Earnings Per Common Share, Diluted (1)











2013





2012





% Change





Earnings per common share, diluted, GAAP











$

0.97







$

1.23







(21

)%



2012 Restructuring Program













0.11









-











Venezuela devaluation charge













0.23









-











Costs related to the sale of land in Mexico













0.01









0.01











Business realignment and other cost-saving initiatives













-









-











Earnings per common share, diluted, non-GAAP











$

1.32







$

1.24







6

%




































(1) The impact of non-GAAP adjustments on the diluted earnings per share may not necessarily equal the difference between "GAAP" and "non-GAAP" as a result of rounding.







.
.
Contact:.
.
Colgate-Palmolive Company
Bina Thompson, 212-310-3072
or
Hope Spiller, 212-310-2291.
...

.
.
@yahoofinance on Twitter, become a fan on Facebook ..
. .

.
.
.

Related Content.
.
.Strong 1Q Earnings for Church & Dwight
Story Stocks from Briefing.com
Watts Water Misses Earnings Estimate
Big 5 Earnings Beat Estimate
Impressive 1Q13 Earnings for FSTR
Arch Capital Posts Strong 1Q Earnings
NCR Delivers Decent 1Q Earnings
.


Chrysler profits fall 65 percentWXYZ-Detroit Videos
👍️0
johnsyn johnsyn 11 years ago
7:02 AM Colgate-Palmolive (CL): Q1 EPS of $1.32 in-line. Revenue of $4.31B beats by $0.01B.
👍️0
TRUISM TRUISM 11 years ago
1st quarter earnings this Thursday- 4/25/13.
👍️0
KINGMADE KINGMADE 11 years ago
Yay I might was it out with some Gatorade Bluberry
maybe that will turn into formaldehyde then the whole world will be one clean ball of happiness
👍️0
Drmicrocap Drmicrocap 12 years ago
http://finance.yahoo.com/news/colgate-announces-3rd-quarter-results-110000158.html
👍️0
Penny Roger$ Penny Roger$ 12 years ago
<<< $CL Links! >>> ~ MAC's Quick DD Links without the charts.




PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/CL


OTC Markets Company Info ~ http://www.otcmarkets.com/stock/CL/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/CL/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/CL/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/CL/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/CL/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/CL/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/CL/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/CL/research


Google Finance Summary ~ http://www.google.com/finance?q=CL
Google Finance News ~ http://www.google.com/finance/company_news?q=CL
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=CL
Google Finance Financials ~ http://www.google.com/finance?q=CL&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=CL
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=CL&histperiod=weekly#


Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=CL+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=CL+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=CL+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=CL
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=CL+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=CL+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/CL
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/CL
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=CL+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=CL+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=CL+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=CL+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=CL+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=CL+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=CL+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=CL+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=CL+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=CL+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=CL+Cash+Flow&annual


FINVIZ ~ http://finviz.com/quote.ashx?t=CL&ty=c&ta=0&p=d


Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=CL
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=CL
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=CL
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=CL
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=CL
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=CL&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260


CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=CL&exchange=US


Barchart Quote ~ http://barchart.com/quotes/stocks/CL?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/CL
Barchart Options Quotes ~ http://barchart.com/options/stocks/CL
Barchart Technical Chart ~ http://barchart.com/charts/stocks/CL&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/CL&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/CL
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=CL
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/CL
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/CL
Barchart News Headlines ~ http://barchart.com/news/stocks/CL
Barchart Profile ~ http://barchart.com/profile//CL
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=CL&view=key_statistics


OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CL&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CL&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CL&MarketTicker=NYSE&Typ=S


Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/CL/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/CL/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/CL/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/CL/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/CL
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/CL/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/CL/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/CL/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/CL/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/CL/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/CL/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=CL&sid=1795093&framed=False


The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=CL


Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=CL


StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=CL&num1=567&cobrand=&mode=stock


StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=CL
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=CL


AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=CL&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8


Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=CL.PK&WTmodLOC=C4-Officers-5


StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=CL®ion=U


Search NASDAQ ~ http://www.nasdaq.com/symbol/CL
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/CL/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/CL/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CL/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=CL&selected=CL
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=CL&selected=CL
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/CL/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/CL/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/CL/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/CL/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/CL/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/CL/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/CL/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/CL/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/CL/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/CL/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/CL/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/CL/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/CL/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/CL/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=CL&selected=CL
NASDAQ Financials ~ http://www.nasdaq.com/symbol/CL/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/CL/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/CL/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/CL/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CL/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/CL/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/CL/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/CL/insider-trades/sells


The Motley Fool ~ http://caps.fool.com/Ticker/CL.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/CL/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/CL/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/CL/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/CL/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/CL/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/CL/Statements.aspx?source=icasittab0000009


MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=CL


YCharts ~ http://ycharts.com/companies/CL
YCharts Performance ~ http://ycharts.com/companies/CL/performance
YCharts Dashboard ~ http://ycharts.com/companies/CL/dashboard


InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=CL&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=CL&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=CL&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=CL


Zacks Quote ~ http://www.zacks.com/stock/quote/CL
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=CL
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=CL


Knobias ~ http://knobias.10kwizard.com/files.php?sym=CL


StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=CL


Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/CL/HOT_TOPIC.html


Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=CL&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=CL®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=CL®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=CL®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=CL®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=CL®ion=USA&culture=en-us


CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=CL


TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=CL


OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=CL&searcharea=e&image1.x=0&image1.y=0


Insidercow ~ http://www.insidercow.com/history/company.jsp?company=CL&B1=Search%21


Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=CL
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=CL&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null


YouTube Symbol Search ~ http://www.youtube.com/results?search_query=CL


Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=CL


Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=CL


Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=CL

Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CL
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=CL

Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=CL

Investorpoint ~ http://www.investorpoint.com/ enter "CL" and click search.

Hotstocked ~ http://www.hotstocked.com/ enter "CL" and click search.

Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=CL

Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=CL

DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=CL

SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=CL

OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=CL

Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "CL" and click search.

http://www.coordinatedlegal.com/SecretaryOfState.html

http://regsho.finra.org/regsho-Index.html

http://www.shortsqueeze.com/?symbol=CL&submit=Short+Quote%99



DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=CL
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=CL
Check those searches for recent CL mentions. If CL is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS



MACDlinks
👍️0
Penny Roger$ Penny Roger$ 12 years ago
~ Thursday! $CL ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $CL ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=CL&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=CL&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=CL
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CL#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CL+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CL
Finviz: http://finviz.com/quote.ashx?t=CL
~ BusyStock: http://busystock.com/i.php?s=CL&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CL >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
TechKim TechKim 17 years ago
SPEX and Naturlose® will be HUGE! The present anti-gingivitis chemical triclosan can create chloroform. Read the link below!

SPHERIX INC (NasdaqGM:SPEX)
http://finance.yahoo.com/q?s=SPEX
"
Spherix will seek to license the technology to a major toothpaste company. Currently, there are only two toothpastes on the market with anti-gingivitis/anti-plaque claims approved. The more popular toothpaste uses triclosan as the anti-gingivitis/anti-plaque ingredient. Triclosan is a synthetic ingredient and is not sold for use by children.

Naturlose, in addition to having potential as an anti-gingivitis/anti- plaque agent, is identical to the natural sweetener, tagatose, and is "generally recognized as safe" (GRAS) for consumption by the Food and Drug Administration, which would make it available in both the adult and children's markets. Naturlose's GRAS status may help Spherix's licensee gain quicker regulatory approval for the above claims."

==============================================================================================================================

http://www.newstarget.com/017804.html

Warning: Toxic chemical triclosan can turn your toothpaste into chloroform
Monday, February 13, 2006 by: Mike Adams

For years, I have warned people of the danger of personal care products. If you look at the ingredients manufacturers put in their products -- soaps, deodorants, toothpastes and so on -- you will be horrified. These ingredients are highly toxic and cause cancer. They promote leukemia, nervous system disorders and liver problems. Now, some new information has come from Virginia Tech. Researchers that have found that the chemical triclosan, which is found in a lot of antimicrobial soaps and toothpaste products, can react with chlorine in the tap water. Guess what you get? (This is the horrifying part.) Chloroform. This is a toxic chemical that can give you cancer. In the old movies, you might have seen someone give a person chloroform to knock them unconscious. If you breathe enough chloroform, you will die.
If you are brushing your teeth with toothpaste that has triclosan in it, and you are rinsing with tap water that has chlorine in it, you are getting a little chemical reaction right in your mouth. What a wonderful gift from the toothpaste manufacturers. That's not to mention that some of the toothpastes contain fluoride that isn't really fluoride but fluorosilicic acid, which is a toxic waste product that is molecularly similar to fluoride but has a much different effect on the human body -- a toxic effect. When you wash your hands with antibacterial soap that contains triclosan, you are getting the fumes emitted from this chemical reaction.


Your home could be full of toxic chemicals
Most people's homes are toxic waste dumps. They have products that contain triclosan, deodorants that contain aluminum (absorbed right through your skin), shampoos that have toxic fragrance chemicals and hair coloring products that contain cancer-causing chemicals. There are perfumes and colognes that people just slather on like they are taking a bath in them. Their senses get dulled, and soon they can't even smell the stuff anymore.
People also put on clothes that have been washed in detergent loaded with fragrance chemicals. These people run around in these clothes and sweat, which helps the toxicity absorb into the skin and bloodstream where it promotes cancer. There are fake air fresheners and furniture polishes that contain toxic chemicals. These products are all promoted as being helpful when really they are quite deadly. Toothpaste is supposed to help you clean your teeth, but the number one ingredient in toothpaste is calcium carbonate, which is just ground-up seashells that actually mar the enamel on your teeth, giving bacteria a place to hide out and replicate. Some toothpaste also has formaldehyde in it.

The answer to why you are diseased is that if you are the average American consumer, you are bathing and living in a system of toxic chemicals that you have purchased and brought home. You use dish detergents that contain toxic chemicals and then eat off of the plates that were washed in them. How crazy are we in this country that we keep on making products that kill people and putting them on the shelves and printing little "25 percent off" coupons?

You are seriously misled if you think you can just wipe out all of the bacteria in your house with antibacterial soap. Do you think you are going to be germ free? Have you checked your doorknobs and your own skin? What about your toothbrush? I bet there are more colonies of bacteria in your toothbrush than there are people in the entire city in which you live. These antibacterial products are useless. They have no value on the market or in your home. It is all a huge marketing gimmick.


You need immune distress to be healthy
Do you think the microbes on your counter are giving you the flu? That's not what is giving you the flu. You have the flu because you poison your body with all these other toxic products, metabolic disrupters in the food supply and poor nutrition. These poisons create a weak body and weakened immune system, allowing opportunistic bacteria to replicate that wouldn't stand a chance if you had a healthy immune defense in the first place.
Even worse, the use of antimicrobial soaps promotes the spread of superbugs around your house. If you want to be a healthy individual, you have to have a little immune distress. If you don't, your immune system doesn't learn how to defend itself. Your immune system makes a pattern of every invading microbe, and it remembers that pattern forever, so it knows how to beat that invader in the future. If you try to maintain a sterile environment, then your immune system never gets to learn how to do its job. You need some level of exposure to these germs or mild infectious agents if you want to have an active immune system.

Let's talk about fragrances a little more. Even guys that wouldn't wear perfume go out and buy laundry detergent that has perfume in it. When I go to the grocery store, I can't even go near the aisle with all the detergents or I get a headache. I am very sensitive to this because of my sensory acuity. I can pick up subtle sights, sounds and smells thanks to a healthy nervous system.

The manufacturers of products that have triclosan in them keep saying that it is perfectly safe and that it only affects the nervous systems of various organisms. They also say it's safe because you don't drink it. Sure, we aren't swallowing the stuff, but we sure are touching it and bathing in it. Do you think the skin is impermeable? The skin absorbs chemicals, and it can certainly absorb something like triclosan as well. How do you think the nicotine patch works? If nothing was absorbed through the skin, then these patches wouldn't work.


Studies show triclosan is toxic to your health
This Virginia Tech study shows that triclosan is a real health hazard. However, the companies using it are going to say that the study was flawed, and the amount that is used is so minimal that it is well within the safety levels established by the Environmental Protection Agency.
They may claim some other silly nonsense, too, but the truth is this ingredient has no place in or around the human body. Only fools coat their body with products containing triclosan. Unfortunately, most people are fooled by this chemical, and they don't understand its real dangers. Personally, I don't need to wash my mouth out with something that is going to create chloroform. This is basic common sense. The fact that these products are even being allowed on the shelves defies common sense. Where has the sanity gone in our consumer products industry? It has been replaced by the profit motive.

Triclosan is put into these products for the convenience of the manufacturers. It will stop their product from going bad, and it allows them to make ridiculous claims on the label. For example, a label may say, "Proven to kill 99.99 percent of bacteria." This sells products, yet it isn't based on any kind of science whatsoever.

If you are new to all this and think everything I just said is crazy, doesn't make any sense or is overly worrisome, then do your research. Don't believe everything I just said -- start doing some reading on triclosan. Start reading about aluminum in deodorants and fragrance in shampoos and perfume, and then you will discover the truth for yourself. You can search Google for information right now. Just search for "triclosan" and see what you find.

If you do the research and are honest with what you find, you will quickly discover that these products are a hazard to your health. They are a threat to you and your family and should be outlawed. They should be reformulated without cancer-causing ingredients. Of course, that would cost Big Business a lot of money. Companies use these ingredients because they are cheap. Where do you think the color comes from in mouthwash? It's from an artificial color chemical. What most manufacturers care about is moving products, and until Congress demands they stop using harmful ingredients, they're going to keep doing so.

I encourage you to find out about more about triclosan and stop using products that contain the chemical. Shop at health food stores. Stop giving your money to manufacturers who are poisoning and exploiting you for profit.

👍️0
MrSparex MrSparex 17 years ago
Can't beat a company like this.
👍️0
Tina Tina 18 years ago
it's ok. isnt it the thought that counts? lol
👍️0
MrSparex MrSparex 18 years ago
I'm trying to come up with a cute come back but can't...
👍️0
Tina Tina 18 years ago
did i mention that i have an over brushing oral hygiene disorder? I'm one of those weirdos that brush their teeth at work even.
👍️0
MrSparex MrSparex 18 years ago
1 in 40...verily verily good!
👍️0
Tina Tina 18 years ago
imo they make the BEST toothbrushes too :D

P.S. only 1 cavity in 40 yrs
👍️0
MrSparex MrSparex 18 years ago
Brush regularly with Colgate! Blue chip all the way!
Buy now and let your kids sell it when your dead!
👍️0

Your Recent History

Delayed Upgrade Clock