Business

Colgate-Palmolive Q1 2025: Net Sales Dip 3.1% to $4.9B Yet Beats Expectations

Colgate-Palmolive's Financial Performance in Q1 2025

In its latest financial disclosure, Colgate-Palmolive Co. reported a 3.1% decline in net sales for the first quarter of 2025, totaling $4.9 billion. Despite this downturn, the figures surpassed analysts' forecasts, showcasing the company's resilience in a challenging market.

Earnings and Future Outlook

The company also highlighted 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 by low single digits.

CEO's Statement on Market Challenges

"Amidst global market uncertainties and volatilities, including tariff impacts, we remain steadfast in our strategy. Our focus and agility will guide us through these challenges towards achieving our 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.