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Colgate-Palmolive beat expectations for first-quarter sales and profit.
Colgate-Palmolive's international markets offset declining U.S. demand, supporting overall sales growth.
KEY POINTS
- The company reported Q1 net sales of $5.32 billion, surpassing analyst expectations by $100 million.
- Colgate warned of significant inflationary pressure due to rising oil and commodity prices.
- North America segment volumes dropped 3.2%, but global volumes increased 1.1% in the quarter.
- Colgate maintained its annual forecasts but anticipates slower category growth to persist into 2026.
COMPANIES
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