Colgate-Palmolive posted a 1.0% increase in net sales and continued leadership in oral care with strong global market share in both toothpaste and toothbrushes. Net income rose slightly, and adjusted EPS was up marginally. Organic sales grew despite headwinds in pet nutrition from lower private label sales.
Net sales reached $5.11 billion, up from $5.058 billion the prior year.
Organic sales increased 1.8%, despite weakness in private label pet food.
Net income rose to $743 million, with adjusted EPS at $0.92.
Maintained global market share leadership in toothpaste (41.1%) and toothbrushes (32.4%).
Colgate expects low single-digit net sales growth for FY2025, with organic sales at the low end of the 2%-4% range, despite FX and pet business challenges.
Visualization of income flow from segment revenue to net income