Chief Executive Officer, Colgate-Palmolive
Appears in 1 story
Delivered Q1 2026 results on May 1; reversed full-year gross margin guidance amid oil and tariff cost pressure
Three major US household-goods makers have now reported how the combined tariff and oil-cost shock hits their books. Kimberly-Clark beat Q1 estimates on April 28, with adjusted EPS of $1.97 against an expected $1.92, but still carries $300 million in tariff exposure representing about 20% of its US cost base. Colgate-Palmolive beat Q1 expectations on May 1 and immediately flipped its full-year gross margin guidance from expansion to decline, citing $300 million in higher raw-material and logistics costs from crude oil and tariffs.
Updated 4 days ago
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