Organic Sales Growth
Organic sales growth accelerated by 60 basis points to 2.4% in the second quarter, driven by improvements in North America and Africa/Eurasia.
Acquisition of Prime100
Colgate-Palmolive closed the acquisition of Prime100, the #1 vet-recommended fresh pet food brand in Australia.
Hill's Pet Nutrition Performance
Hill's ex-private label showed 5% organic growth, with volume growth of 2% and price growth of 3%, driven by strong performance in therapeutic pet food.
Innovation and AI Integration
The company is leveraging AI for revenue growth management and innovation, including a new advertising campaign for Hill's and premium innovations like Colgate Miracle Repair serum.
Productivity Initiatives
A new productivity initiative aims to accelerate capabilities and deliver $200 million to $300 million in savings over 3 years.