India, July 31 -- Consumer products major Colgate-Palmolive Co., while reporting weak profit in its second quarter despite higher net sales, on Friday confirmed fiscal 2026 outlook for earnings and sales growth. However, the firm lifted guidance for Base Business earnings per share as well as gross profit margin.
In pre-market activity on the NYSE, the shares were losing around 2.78 percent, trading at $89.09.
Noel Wallace, Chairman, President and Chief Executive Officer, stated, "Strong levels of investment will continue in the back half of the year as we execute against our 2030 strategy with a focus on premium, science-led innovation and omni-channel demand generation to drive brand health and category growth... While we expect the vol...