Colgate-Palmolive Company reported financial results for the third quarter ended September 30, 2026, showing growth in both net sales and earnings per share. The company reported GAAP net sales of $5.369 billion for the quarter, representing a 4.6% increase compared to the same period in 2025. On an organic basis, sales increased 3.6%.
Earnings per share (GAAP) were reported at $0.94, up 3% from the prior year. On a non-GAAP basis, excluding certain items, Base Business EPS was $0.97, an increase of 7% year-over-year. The company noted that its gross profit margin increased by 80 basis points to 60.2% on a GAAP basis and by 90 basis points to 60.3% on a Base Business basis.
Colgate also highlighted market share leadership in key categories, maintaining a 41.4% global market share in toothpaste and a 33.1% share in manual toothbrushes year-to-date.
In its updated full-year 2026 guidance, the company raised its expectations for sales and earnings. Net sales are now expected to increase between 4% and 5% for the full year, up from the previous range of 2% to 6%. On a non-GAAP (Base Business) basis, the company now expects earnings per share to grow by 5% to 7%, up from mid-single-digit growth previously forecasted. The company also updated its gross profit margin guidance to be up for the full year.