Colgate-Palmolive backs FY26 net sales up 2%-6%

Based on current spot rates and including the estimated impact of tariffs announced and finalized as of April 29, 2026: The Company still expects net sales to be up 2% to 6%, including a low-single-digit positive impact from foreign exchange. The Company still expects organic sales growth to be 1% to 4%. This includes the impact from our exit from the private label pet food business. On a GAAP basis, the Company now expects gross profit margin to be down (versus up previously) and still expects advertising to be up on both a dollar basis and as a percentage of net sales and double-digit earnings per share growth. On a non-GAAP (Base Business) basis, the Company now expects gross profit margin to be down (versus up previously) and still expects advertising to be up on both a dollar basis and as a percentage of net sales; it also still expects low to mid-single-digit earnings per share growth.