India, May 1 -- Consumer products major Colgate-Palmolive Co., while reporting weak profit and higher net sales in its first quarter, on Friday maintained fiscal 2026 earnings and sales growth outlook. Meanwhile, the firm trimmed gross profit margin guidance.
In pre-market activity, the shares were gaining around 3.1 percent, trading at $88.00.
Noel Wallace, Chairman, President and Chief Executive Officer, stated, "While we expect the volatile macroeconomic conditions and slower category growth to continue in 2026, we are aligned behind our 2030 strategy to deliver consistent, compounded earnings per share growth..."
For fiscal 2026, the company continues to expect double-digit earnings per share growth, and low to mid-single-digit Base ...