Colgate Q3 2023 EPS rises 16% to $0.86 on 10.5% sales growth; full-year guidance raised
Colgate-Palmolive reported third quarter 2023 net sales of $4,915 million, up 10.5% from a year earlier, and GAAP diluted earnings per share of $0.86, up 16% from $0.74. The company raised its full-year 2023 financial guidance for net sales growth and organic sales growth, which signals higher expected results for shareholders.
Key points
- Third quarter 2023 net sales were $4,915 million, up 10.5% from $4,455 million in the year-earlier quarter.
- GAAP diluted EPS was $0.86 versus $0.74, up 16%; Base Business (non-GAAP) EPS also rose 16% to $0.86.
- Full-year 2023 net sales growth guidance was raised to 6% to 8% from 5% to 8%.
- Full-year 2023 organic sales growth guidance was raised to 7% to 8% from 5% to 7%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.