Colgate-Palmolive Company Q1 2026 Earnings Release and 8-K Filing
Colgate-Palmolive Company reported its first quarter 2026 results, with net sales increasing by 8.4% to $5,324 million and organic sales increasing by 2.9%. Diluted EPS decreased by 6% to $0.80 on a GAAP basis, while Base Business EPS increased by 7% to $0.97. The company announced an expansion of its Strategic Growth and Productivity Program (SGPP), increasing the estimated cumulative pre-tax charges from $200-$300 million to $350-$550 million, to further align operations and drive future growth. The company maintained its full-year 2026 guidance for net sales and organic sales growth but revised its gross profit margin guidance to be down, while still expecting advertising to increase. The company also reported divisional performance, with notable organic sales growth in Latin America and Europe, Middle East & Africa. Market share leadership in toothpaste and manual toothbrushes was maintained.