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Colgate-Palmolive's quarterly results beat Wall St estimates

<br><br>**Colgate-Palmolive's Quarterly Results A Bright Spot Amidst Tariff Uncertainty**<br><br>Despite the ongoing uncertainty surrounding tariffs, Colgate-Palmolive has delivered quarterly results that exceeded Wall Street estimates. The company's focus on moderate price hikes and increased advertising spending appears to be paying off, as its oral and personal care products continue to drive sales.<br><br>The company reported a 1.4% increase in total organic sales for the first quarter, with prices rising 1.5%. This contributed to a gross profit margin of 60.8%, an 80-basis-point increase from the previous quarter. The strong performance was driven by the oral care segment, which saw a 3.7% increase in net sales.<br><br>The success of Colgate-Palmolive's toothpaste and mouthwash products, particularly in North America and Latin America, was a key factor in this growth. Additionally, the company reported an adjusted earnings per share (EPS) of $0.91, beating the average analyst estimate of $0.86 cents. Net sales for the quarter came in at $4.91 billion, exceeding expectations of $4.87 billion.<br><br>In light of the estimated impact of tariffs on its cost of goods sold in 2025, Colgate-Palmolive has revised its annual organic sales growth forecast to between 2% and 4%, down from its previous expectation of a 3%-to-5% increase. The company's CEO, Noel Wallace, acknowledged the challenges posed by tariff uncertainty, stating, As we look ahead, uncertainty and volatility in global markets, including the impact of tariffs, remain challenging.<br><br>Despite these challenges, Colgate-Palmolive's quarterly results demonstrate its ability to adapt and thrive in a changing market. The company's focus on pricing strategies and increased marketing efforts appears to be paying off, with investors responding positively to the news. Shares rose about 1% to $94.20 in premarket trading.<br><br>**Key Takeaways**<br><br>* Colgate-Palmolive reported quarterly results that exceeded Wall Street estimates<br>* The company's oral care segment drove sales growth, particularly in North America and Latin America<br>* Tariffs are expected to increase the company's cost of goods sold in 2025 by about $200 million<br>* Colgate-Palmolive revised its annual organic sales growth forecast to between 2% and 4%<br><br>**Conclusion**<br><br>Colgate-Palmolive's quarterly results demonstrate the company's ability to navigate uncertain market conditions and adapt to changing consumer behaviors. As the global economy continues to evolve, it will be essential for companies like Colgate-Palmolive to prioritize flexibility and innovation in their business strategies.
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