Colgate-Palmolive beats Q2 adjusted EPS beats estimates, maintains full-year sales outlook

Colgate-Palmolive

31/07/2026 12:04

Overview
Oral care and household products maker's Q2 net sales rose 4.9%, meeting analyst expectations
Base Business EPS for Q2 beat consensus, rising 8% yr/yr
Company maintained full-year sales and GAAP EPS guidance, updated gross profit margin and Base Business EPS outlook

Outlook
Colgate-Palmolive sees full-year net sales up 2% to 6%
Company expects full-year organic sales growth of 1% to 4%
Colgate-Palmolive now expects full-year gross profit margin to be roughly flat

Result Drivers
BROAD-BASED GROWTH - Organic sales grew in three of four categories and four of five divisions, with sequential improvement in worldwide organic volume growth for the third straight quarter
GROSS MARGIN EXPANSION - Gross profit margin increased 140 basis points to 61.5%
HIGHER ADVERTISING SPEND - Advertising investment rose 15% to support long-term business health and innovation

Company press release: ID:nBw3n2FgTa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Meet
$5.36 bln
$5.36 bln (14 Analysts)
Q2 Adjusted EPS
Beat
$0.99
$0.95 (17 Analysts)
Q2 EPS
 
$0.86
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "hold."
Wall Street's median 12-month price target for Colgate-Palmolive Co is $96.50, about 5.3% above its July 30 closing price of $91.60
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago

Reuters Recommended Reads
July 29 - Colgate-Palmolive India's quarterly profit rises on growing demand for oral care
July 30 - Sensodyne maker Haleon slips as sales growth concerns overshadow profit beat
July 29 - P&G forecasts slower annual sales growth as costs weigh

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)