Colgate-Palmolive Reports Q1 2025 Financial Results
Colgate-Palmolive Co. unveiled its first-quarter financial results for 2025, revealing a 3.1% decrease in net sales to $4.9 billion compared to the same period in 2024. Despite this, the company outperformed analysts' forecasts, with diluted earnings per share (EPS) rising by 2% to $0.85 and net income increasing by 1.02% year-on-year to $690 million.
2025 Financial Outlook
Looking ahead, Colgate-Palmolive anticipates organic sales growth between 2% and 4%, with net sales expected to grow in the low single digits. CEO Noel Wallace expressed confidence in the company's strategy to navigate the uncertainty and volatility in global markets, including the impact of tariffs, to meet revised 2025 financial targets.
Market Reaction
Following the announcement, the company's shares saw a 0.40% increase, trading at $93.07 each, reflecting investor optimism in Colgate-Palmolive's resilience and strategic direction.
Comments