Colgate-Palmolive Company Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 30, 2021 at 08:54 am EDT
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Colgate-Palmolive Company announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 4,260 million compared to USD 3,897 million a year ago. Operating income was USD 996 million compared to USD 946 million a year ago. Net income was USD 703 million compared to USD 635 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 0.74 a year ago. For the half year, sales was USD 8,604 million compared to USD 7,994 million a year ago. Operating income was USD 2,000 million compared to USD 1,898 million a year ago. Net income was USD 1,384 million compared to USD 1,350 million a year ago. Basic earnings per share from continuing operations was USD 1.63 compared to USD 1.58 a year ago. Diluted earnings per share from continuing operations was USD 1.63 compared to USD 1.57 a year ago.
Colgate-Palmolive Company is one of the worldwide leaders in the manufacturing and marketing of cleaning and hygiene products. The group also products and sells pet food (dogs and cats). Net sales break down by family of products as follows:
- hygiene and cleaning products (78%): oral hygiene (toothpaste, toothbrushes, mouthwashes, etc.; Colgate brand), body care (soaps, shower gels, shampoos, conditioners, deodorants, shaving products, etc.; Palmolive, Speed Stick, Softsoap, etc.), household care, and linen care (dishwashing liquids, detergents, stain removers, fabric softeners, bleach, etc.; Palmolive, Ajax, Soupline, Suavitel, etc.). Net sales are distributed geographically as follows: North America (25.9%), Latin America (30.6%), Asia-Pacific (18.3%), Europe (18.1%), Africa and Eurasia (7.1%);
- cat and dog foods (22%; Hill's): world leader.
COLGATE-PALMOLIVE COMPANY 
