Earnings ·
Colgate-Palmolive Company reported second quarter 2026 results on July 31, 2026
CLColgate Palmolive Co
Colgate-Palmolive Company reported second quarter 2026 results on July 31, 2026. Net sales increased 4.9% to $5,361 million, while organic sales grew 2.4%. GAAP diluted earnings per share decreased 5% to $0.86, compared to $0.91 in the prior year period; however, Base Business EPS rose 8% to $0.99. Gross profit margin expanded by 140 basis points to 61.5%. The company maintained its full-year net sales guidance of 2% to 6% growth and updated its gross profit margin and Base Business EPS expectations to roughly flat and mid-single-digit growth, respectively. Colgate-Palmolive Company operates in the consumer packaged goods industry, manufacturing and selling oral care, personal care, home care, and pet nutrition products globally.