Colgate-Palmolive posts Q3 2026 beat and raises full‑year Base Business EPS outlook

Colgate‑Palmolive reported third‑quarter 2026 net sales of $5.369 billion, up 4.6% year‑over‑year, and GAAP earnings per share of $0.94, a 3% increase. Adjusted (Base Business) EPS was $0.97, beating estimates by $0.04. The company lifted its fiscal‑2026 Base Business EPS growth guidance to 5%–7% and expects gross profit margin to improve year‑over‑year.

The earnings beat and higher EPS guidance suggest stronger profitability, which may support a higher share price. Investors will watch whether the raised margin outlook translates into actual cash‑flow generation in the coming quarters.

  • 1Net sales for Q3 2026 were $5.369 billion, up 4.6% from $5.131 billion a year earlier.
  • 2GAAP earnings per share grew 3% to $0.94, compared with $0.91 in the prior year.
  • 3Base Business (adjusted) earnings per share were $0.97, up from $0.91 a year earlier.
  • 4Gross profit margin increased 80 basis points to 60.2%, and Base Business gross profit margin rose 90 basis points to 60.3%.
  • 5Fiscal‑2026 Base Business EPS growth guidance was raised to 5%–7% from mid‑single‑digit growth previously.
  • 6Fiscal‑2026 net‑sales growth outlook was narrowed to 4%–5% from a prior range of 2%–6%.

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