earnings
confidence high
sentiment neutral
materiality 0.75
Colgate Q1: net sales +8.4%, organic +2.9%; GAAP EPS $0.80 (-6%), base EPS $0.97 (+7%)
COLGATE PALMOLIVE CO
2026-Q1 EPS
reported $0.80
vs consensus $0.97
▼ miss
(-17.8%)
- Net sales $5.324B (+8.4%), organic sales +2.9%; global toothpaste share 41.1% year-to-date.
- GAAP EPS $0.80 (down 6% YoY); Base Business EPS $0.97 (up 7% YoY); gross margin down 20bps to 60.6%.
- Expanded restructuring program: cumulative pre-tax charges now $350-550M (from $200-300M).
- Charges: ~70-80% employee costs, 20-30% asset-related; 80-90% cash; substantially all by Dec 31, 2028.
- Regional breakdown: Europe/ME/Africa 25-30%, Corporate 20-25%, Latin America 15-20, others lower.
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