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 the decline, the figures surpassed analysts' expectations, showcasing the company's 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 range between 2% and 4%, with net sales expected to grow in the low single digits.
Leadership's Perspective
CEO Noel Wallace addressed the challenges ahead, stating, "As we look ahead, uncertainty and volatility in global markets, including the impact of tariffs, remain challenging." He expressed confidence in the company's strategy to navigate these hurdles and meet its revised 2025 financial targets. Following the report's release, Colgate's shares saw a modest increase of 0.40%, trading at $93.07 each.
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