Colgate-Palmolive Posts Higher Q3 Earnings, Narrows 2026 Sales Outlook
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Colgate-Palmolive Co. (CL) reported third-quarter earnings of $751 million, or $0.94 per share, up from $735 million, or $0.91 per share, a year earlier, according to an amended release that corrected and recast its guidance. Adjusted earnings came to $777 million, or $0.97 per share. Revenue rose 4.6% to $5.369 billion from $5.131 billion. Looking ahead, the consumer products maker now expects 2026 net sales growth of 4% to 5%, narrowing its earlier outlook of 2% to 6%. The forecast includes a low-single-digit positive impact from foreign exchange. Full-year non-GAAP earnings per share growth is now anticipated at 5% to 7%, versus mid-single-digit growth projected previously.
ByTicklex Editorial