Business

Colgate-Palmolive Reports Q1 2025: A Slight Dip in Net Sales but Beats Expectations with EPS Growth

First Quarter Financial Highlights

Colgate-Palmolive Co. unveiled its financial results for the first quarter of 2025, revealing a 3.1% decrease in net sales to $4.9 billion compared to the same period in 2024. Despite this dip, the company outperformed analysts' expectations, showcasing resilience in a challenging market.

Earnings and Growth Outlook

The company reported a 2% increase in diluted earnings per share (EPS) to $0.85, with net income rising by 1.02% year-on-year to $690 million. Looking ahead, Colgate anticipates organic sales growth to range between 2% and 4% for the full year, with net sales expected to grow in the low single digits.

Leadership's Perspective

"Amidst global market uncertainties and the impact of tariffs, we remain steadfast in our strategy. Our team is focused on navigating these challenges with agility to meet our revised 2025 financial targets," stated CEO Noel Wallace. Following the announcement, Colgate-Palmolive's shares saw a modest increase of 0.40%, trading at $93.07 each.