Colgate-Palmolive narrows 2026 net sales growth outlook to 4%-5%
CL•Colgate-Palmolive narrowed its 2026 net sales growth outlook to 4%-5% from 2%-6% and raised its gross margin outlook to an increase. Third-quarter net sales rose 4.6%, while organic sales increased 3.6%.
1. Updated 2026 outlook
Colgate-Palmolive now expects 2026 base business EPS growth of 5%-7%, compared with mid-single-digit growth previously, while GAAP EPS growth remains in the double digits. The company expects gross profit margin to rise on both GAAP and base business measures, versus its previous expectation of roughly flat margins. Organic sales growth is expected to broadly match nine-month performance, replacing the prior 1%-4% outlook and including the impact of exiting private-label pet food.
2. Third-quarter sales
Third-quarter net sales rose 4.6%, and organic sales increased 3.6%.
