Colgate-Palmolive Cautious About Costs Despite Margin Growth

Dow Jones
07/31

0958 ET - Colgate-Palmolive executives say they are remaining vigilant about rising costs, even as the company's margins rise. The consumer-goods company was able to post strong profit margins in 2Q and raise its margin outlook thanks to careful price hikes, cost-cutting measures and a bump from tariff refunds, Chief Financial Officer Stan Sutula tells analysts on a call. Still, management is cautious about rising costs for oil and supplies. Sutula says he expects raw material costs and tariffs will be higher in 2H than they were in 2Q. "We have our eyes wide open," he says.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10