Colgate Raises 2026 Profit Outlook After Q2 Earnings Beat

Earnings

โดย Zacks Investment Research·

Summary · why it matters

Colgate-Palmolive raised its 2026 profit outlook after second-quarter earnings beat expectations and gross margin expanded 140 basis points. Base Business earnings were 99 cents per share, up 8% year over year and above the Zacks Consensus Estimate of 95 cents, while net sales rose 4.9% to $5.36 billion. Management now expects mid-single-digit Base Business EPS growth in 2026, up from its prior low- to mid-single-digit view, and improved its gross profit margin outlook to roughly flat year over year from down previously. Organic sales advanced 2.4%, with volume up 0.8% and pricing contributing 1.6%, though North America organic sales fell 3%. Advertising spending increased 15% to $777 million, and the company expects higher raw-material and tariff costs in the second half.

Colgate-Palmolive Company ▲