Colgate-Palmolive sees FY25 net sales up low single digits

FY25 revenue consensus $20.1B. For FY25: The company now expects net sales to be up low single digits, including a low-single-digit negative impact from foreign exchange. The company now expects organic sales growth to be 2% to 4%. On a GAAP basis, the company now expects both gross profit margin and advertising investment to be roughly flat as a percentage of net sales, and earnings per share to be up low single digits. On a non-GAAP basis, the company now expects both gross profit margin and advertising to be roughly flat as a percentage of net sales, and earnings per share to be up low single digits.