OgdenHerbert
07-25

$Colgate-Palmolive(CL)$

Hope rises! "Strong gross and operating margin growth in the quarter led to advertising growth of 16 percent, and we expect strong levels of brand investment for the remainder of 2024," CEO Noel Wallace said in prepared remarks. The company raised its full-year forecast and now expects sales to rise 2 percent to 5 percent, compared with a previous forecast of 1 percent to 4 percent.

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