Colgate-Palmolive's quarterly results exceeded financial advisors' expectations, and the company is preparing to continue raising prices to cope with tariff impacts.

Colgate Palmolive (ColGate.io-Palmolive NYSE Codename CL.N) Quarterly results were reported Friday, with net sales of $4.91 billion, beating expectations of $4.87 billion and gross margin rising 80 basis points, beating Wall Street and other financial advisors' expectations. ColGate.io-Palmolive is prepared to increase prices moderately to cope with the possible increase in costs and raw materials due to tariffs, and avoid increased expenses such as advertising and marketing expenses. For stock investors, ColGate.io-Palmolive is still growing steadily despite the company's downward revision of expected earnings, but the wool is out of the sheep, and ColGate.io-Palmolive is ready to continue to raise the price of its main commodity toothpaste in response to the tariff shock.

ColGate.io-Palmolive has been working hard to mitigate the impact of tariffs on raw materials and the company's production of toothpaste for the United States in Mexico. Following the announcement of new tariff policies by the United States and China, ColGate.io-Palmolive expects that by this year, tariffs will increase sales costs by about $200 million. Due to the uncertainty of tariffs, consumer product brands Procter & Gamble Co NYSE symbol PG.N and Kimberly-Clark NYSE symbol KMB.N have both made pessimistic forecasts for annual profits and have lowered their estimated sales figures. For consumers, the three leading consumer product companies may raise retail prices at any time, so it might be a good opportunity to stock up on some products before prices go up.

The CEO of Colgate stated that the global market is full of volatility.

Colgate-Palmolive CEO Noel Wallace stated that the uncertainty and volatility of the global market, along with the impact of tariffs, continue to pose challenges for the market. Considering the anticipated impact of tariffs, Colgate expects annual sales to see low single-digit percentage growth, while previously expected sales were projected to remain flat.

Q1 financial report shines, still revising down sales interest rate, adjusting product prices to cope with tariff impact.

ColGate.io-Palmolive announced its first quarter net sales of $4.91 billion, exceeding the expected $4.87 billion. For the quarter ended March 31, the gross profit margin rose by 80 basis points to 60.8%. Colgate currently expects the annual organic sales growth rate to be between 2% and 4%, while the previous forecast was 3% to 5%. ColGate.io-Palmolive's first quarter total sales grew organically by 1.4%, with product prices rising by 1.5%. According to data from the London Stock Exchange, Colgate's earnings per share were 91 cents, higher than the analysts' expectation of 86 cents.

Stock prices have slightly pumped, and the market response is good.

ColGate.io-Palmolive's stock price began to rise slightly after the Q1 earnings announcement, with the current price staying at 94 dollars. NYSE has set a target of 100 dollars.

This article reports that Colgate-Palmolive's quarterly performance exceeded financial expectations, and products are prepared for continued price increases in response to tariff impacts. It first appeared in Chain News ABMedia.