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Organic sales increased by 8.5%.
January 27, 2023
By: Lianna Albrizio
Associate Editor
Net sales for Colgate-Palmolive Co. increased 5% in Q4 for fiscal year 2022, surpassing estimates. The increase represents $4.629 billion over the consensus, which was $4.59 billion. Organic sales increased by 8.5%. Total oral, personal and home care net sales increased by 1.4% to $3.6 billion. During the quarter, Colgate-Palmolive took a non-cash, after-tax charge of $620 million to adjust the carrying values of goodwill and intangible assets regarding the Filorga sk...
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