Aug 1 - Colgate-Palmolive ( CL ) beat first-quarter

sales and profit estimates on Friday, as resilient demand for

its essentials such as oral and personal care products overcame

rising prices and tariff uncertainties.

WHY IT'S IMPORTANT

Colgate-Palmolive ( CL ) joined peers such as Procter & Gamble ( PG )

and Kimberly-Clark ( KMB ) in posting upbeat sales

growth, unlike the broader retail sector that has been

struggling with a slowdown in discretionary spending.

The Trump administration's shifting trade policies have

forced several companies to hike prices, pushing shoppers to

focus on essentials.

CONTEXT

Colgate has raised prices over the past few quarters to

counter tariff impacts and higher advertising and marketing

costs. The marketing campaigns have helped increase the sales.

The company, which makes U.S. toothpaste in Mexico, now

expects incremental costs from tariffs to be about $75 million,

lower than $200 million projected earlier, as it expects more

favorable rates.

It also outlined a five-year cost cutting plan.

BY THE NUMBERS

Sales rose 8% in Africa and 7.8% in Europe from a year

ago.

The company expects organic sales growth to be at the low

end of its forecast range of 2% to 4%.

Its prices rose 2% in the quarter ended June 30 and total

organic volumes slipped 0.2%, compared with a year ago.

Colgate-Palmolive's ( CL ) adjusted profit of 92 cents per share in

the first quarter topped analysts' estimates of 90 cents per

share, according to data compiled by LSEG.

It posted quarterly net sales of $5.11 billion, beating

estimates of $5.03 billion.

MARKET REACTION

Shares of the company were flat in premarket trading.