Colgate-Palmolive(US:CL)2025-04-25 12:34Financial Performance - Net sales decreased by 3.1%, including a 4.4% negative impact from foreign exchange[21] - Organic sales increased by 1.4%, but experienced a 0.4% negative impact from lower private label pet volume[21] - GAAP and Base Business Gross profit margin increased 80 basis points to 60.8%[21] - Base Business EPS increased 6%[21] Strategic Investments - Advertising as a percentage of sales increased 30 basis points to 13.6% to support building brand health and strong innovation[21] Guidance - Net sales growth is now expected to be up low single digits, including a low-single-digit negative impact from foreign exchange[25] - Organic sales growth is now expected to be 2% to 4%, including the impact of the planned exit from private label pet nutrition over the course of 2025[27] - The company expects the incremental tariffs announced and in effect as of April 24, 2025 to have an incremental gross impact of approximately $200 million dollars to the cost of goods sold in 2025[30] Market Share - Global toothpaste market share was up 20 basis points on a volume basis[21] Company Overview - Colgate-Palmolive is a $20.1B global consumer products company with ~34,000 employees serving over 200 countries and territories[7]