Colgate-Palmolive Company
Q2 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +3.54%.
Did CL Beat Earnings? Q2 2025 Results
Colgate-Palmolive posted a solid if measured second quarter, beating Wall Street expectations on both the top and bottom lines as the consumer staples giant navigated a challenging cost environment. The company reported non-GAAP EPS of $0.92, edging past the $0.89 consensus estimate by 2.80%, while revenue of $5.11 billion topped forecasts by 1.55% and grew 1.0% year over year. The headline beat was underpinned by organic sales growth of 1.8%, with strength in Africa/Eurasia, up 7.7% organically, and Hill's Pet Nutrition helping offset a 0.9% organic decline in North America, the company's weakest division. Gross profit margin compressed 50 basis points to 60.1%, pressured by higher raw material costs and tariff-related headwinds, a challenge Colgate is actively addressing through a new three-year productivity program targeting $200 million to $300 million in cumulative pre-tax savings through 2028. Looking ahead, management trimmed its organic sales growth outlook to the low end of its 2% to 4% range, while maintaining a low-single-digit EPS growth forecast for the full year.
- Organic sales growth of 1.8% driven by 2.0% pricing gains
- Africa/Eurasia led divisions with 7.7% organic sales growth
- Latin America organic sales grew 3.4% despite severe FX headwinds
- Hill's Pet Nutrition grew organic sales 2.0% with 2.9% pricing
- Planned exit from private label pet sales created 0.6% organic sales drag
- Gross profit margin declined 50 basis points to 60.1% due to higher input costs and tariffs
- Lower effective tax rate of 23.2% versus 24.1% year ago
“I am pleased that Colgate-Palmolive people achieved another quarter of net sales, organic sales and earnings per share growth in the face of continued difficult market conditions worldwide, with organic sales growth improving sequentially versus the first quarter despite an even greater negative impact from lower private label pet sales.”
Colgate-Palmolive CEO, on the earnings call
Forward Guidance & Outlook
For full year 2025, based on current spot rates and tariffs finalized as of July 31, 2025: net sales expected up low single digits with flat to low-single-digit negative FX impact; organic sales growth now expected at the low end of 2% to 4% (including impact of planned exit from private label pet sales); both GAAP and non-GAAP gross profit margin and advertising expected roughly flat as a percentage of net sales; and both GAAP and non-GAAP EPS expected up low single digits.
CL YoY Financials
CL Revenue by Segment
CL Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.