Business

Colgate-Palmolive Reports Slight Dip in Q1 Sales but Exceeds Analyst Expectations with EPS Growth

Colgate-Palmolive's Financial Performance in Q1 2025

Colgate-Palmolive Co. has announced 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, the company has surpassed analysts' expectations, showcasing resilience in a challenging market.

Earnings and Future 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 be between 2% and 4% for the full year, with net sales expected to grow in the low single digits.

Leadership's Perspective

"Amid global market uncertainties and volatility, including tariff impacts, we remain confident in our strategic direction. Our team is focused on agile execution to navigate these challenges and meet our revised 2025 financial goals," stated CEO Noel Wallace. Following the announcement, the company's shares saw a modest increase of 0.40%, trading at $93.07 each.