Colgate Expects 2024 Net Sales Growth Of 3%-5% (Versus 2%-5% Previously), Expects Organic Sales Growth Of 7%-8% (Versus 6%-8% Previously)
Portfolio Pulse from Benzinga Newsdesk
Colgate has revised its 2024 net sales growth expectations to 3%-5%, up from 2%-5%, and its organic sales growth to 7%-8%, up from 6%-8%.
October 25, 2024 | 10:58 am
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Colgate has increased its 2024 net sales growth forecast to 3%-5% and organic sales growth to 7%-8%, indicating a positive outlook for the company's revenue performance.
The upward revision in sales growth forecasts suggests improved business performance and potential revenue increase, which is likely to positively impact Colgate's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100