CL · 10-Q · 2026Q3 · Full report

Strategic Growth and Productivity Program

COLGATE PALMOLIVE CO · 2026-10-30 · Importance 58 · Surprise 42 · Contradicted

Approved by the Board on July 31, 2025, and expanded on April 30, 2026, the Strategic Growth and Productivity Program is intended to support the Company’s 2030 strategy through organizational alignment, global supply-chain efficiencies, and overhead reduction. The program is estimated to incur cumulative pretax charges of $350 million to $550 million, with approximately 80% to 90% expected to be cash expenditures and substantially all charges expected by December 31, 2028. Annualized pretax savings are projected at $200 million to $300 million once all projects are approved and implemented. Estimated charges are allocated across North America, Latin America, Europe, Middle East & Africa, Asia Pacific, Hill’s Pet Nutrition, and Corporate.

Key facts

• Colgate-Palmolive's three-year Strategic Growth and Productivity Program was approved July 31, 2025, and expanded April 30, 2026; it is estimated to incur cumulative pretax charges of $350 million to $550 million, substantially all by December 31, 2028, and projected annualized pretax savings of $200 million to $300 million once projects are approved and implemented. source
• Colgate-Palmolive's Strategic Growth and Productivity Program is estimated to result in cumulative pretax charges of $350 million to $550 million, substantially all incurred by December 31, 2028, and projected annualized pretax savings of $200 million to $300 million once all projects are approved and implemented. source
• Annualized pretax savings from the program are projected at $200 million to $300 million once all projects are approved and implemented. source
• The program is estimated to generate cumulative pretax charges of $350 million to $550 million once all initiatives are approved and implemented. source
• Approximately 80% to 90% of program charges are estimated to result in cash expenditures, and substantially all charges are expected to be incurred by December 31, 2028. source
• Colgate-Palmolive acquired Care TopCo Pty Ltd, owner of the Prime100 pet food business, on April 30, 2025 for AU$471 million ($301 million), providing Hill’s Pet Nutrition entry into Australia's fresh pet food category. source
• Colgate-Palmolive incurred Strategic Growth and Productivity Program pretax charges of $30 million ($26 million after tax) in the three months and $333 million ($268 million after tax) in the nine months ended September 30, 2026. source
• The Board approved the Strategic Growth and Productivity Program on July 31, 2025, including organizational alignment, global supply-chain optimization, and overhead-cost reduction initiatives. source

Impact estimates