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Colgate Announces 1st Quarter 2021 Results • Net sales increased 6.0 % , Organic sales * increased 5.0 % John Faucher 212-310-3653 Hope Spiller 212-310-2291 • • On a GAAP basis , EPS declined 4 % to $ 0.80 ; On a Base Business basis , EPS * grew 7 % to $ 0.80 GAAP Gross profit margin increased 50 basis points to 60.7 % ; Base Business Gross profit margin * increased 40 basis points to 60.7 % • Net cash provided by operations was $ 598 million year to date • Colgate's leadership in toothpaste continued with its global market share at 39.2 % year to date • Colgate's leadership in manual toothbrushes continued with its global market share at 30.6 % year to date • The Company reiterated its financial guidance for full year 2021 First Quarter Total Company Results ( GAAP ) ( $ in millions except per share amounts ) Net Sales 2021 $ 4,344 2020 Change $ 4,097 + 6.0 % EPS ( diluted ) $ 0.80 $ 0.83 -4 % First Quarter Total Company Results ( Base Business - Non - GAAP ) * ( $ in millions except per share amounts ) 2021 2020 Change Organic Sales Growth + 5.0 % Base Business EPS ( diluted ) $ 0.80 $ 0.75 + 7 % * Indicates a non - GAAP financial measure . Please refer to " Non - GAAP Financial Measures " later in this release for definitions of non - GAAP financial measures and to " Table 5 - Geographic Sales Analysis Percentage Changes " and " Table 6 - Non - GAAP Reconciliations " included with this release for a reconciliation of these non - GAAP financial measures to the related GAAP measures . New York , New York , April 30 , 2021 ... Colgate - Palmolive Company ( NYSE : CL ) today reported results for first quarter 2021. Noel Wallace , Chairman , President and Chief Executive Officer , commented on the first quarter results , " Our growth momentum continued in the first quarter , with net sales increasing 6.0 % and organic sales growing 5.0 % , even as we lapped significant