Colgate Raises FY24 Sales Growth Guidance From 1-4% To 2-5%
Portfolio Pulse from Benzinga Newsdesk
Colgate-Palmolive has updated its fiscal year 2024 sales growth guidance, increasing it from the previously forecasted range of 1-4% to a new range of 2-5%.
April 26, 2024 | 10:57 am
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Colgate-Palmolive has raised its FY24 sales growth forecast, indicating a positive outlook on its future revenue growth.
Raising sales growth guidance typically signals a company's confidence in its future performance, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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