Colgate-Palmolive rises on upbeat sales forecast

Colgate-Palmolive

30/01/2026 14:09

** Toothpaste maker Colgate-Palmolive's CL.N shares rise 3.1% to $87.90 premarket after co forecasts annual sales above estimates

** CL forecasts 2026 net sales to grow between 2% and 6%, including a low-single-digit positive impact from foreign exchange, vs analysts' expectations of 3.5% growth

** Attributes upbeat forecast to sustained demand for essential household staples in Latin America and Europe

** While we expect the difficult operating environment and slower category growth to continue in the short term, we are operating from a position of strength - CEO Noel Wallace

** Co's Q4 adj. EPS of 95 cents beats analysts' average estimate of 91 cents - LSEG-compiled data

** CL beats adj. EPS estimates for twelfth straight quarter - LSEG-compiled data

** Shares up 7.9% YTD; fell 13% in 2025

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))