Colgate-Palmolive Stock Falls as Foreign Exchange Rates Hurt Sales, Outlook
1. Colgate-Palmolive missed Q4 revenue forecasts at $4.94 billion. 2. Latin America sales declined over 7% due to negative foreign exchange impacts. 3. Full-year revenue guidance indicates flat growth amid foreign exchange challenges. 4. Adjusted EPS of $0.91 exceeded analyst expectations despite revenue drop. 5. CEO highlights ability to counter macroeconomic headwinds with smart investments.