NYSE:CLHousehold Products
Colgate-Palmolive (CL) Stock Sees Revenue Strength Clash With Margin Strain
Colgate-Palmolive walked into this earnings season with a stock that has barely moved over the past quarter. The share price eased only 0.3% today to US$91.30, which tells you traders saw little reason to rip up their models. The headline is quieter on the price screen than in the financials. Profitability has been under pressure, with net margin for the past year at 10% compared with 14.5% the year before, and a US$1.1b one off loss still hanging over the story. The real question now is how...