CL · 10-Q · 2026Q3 · Full report

Market Demand Trends

COLGATE PALMOLIVE CO · 2026-10-30 · Importance 21 · Surprise 24

Management expects softness across its categories to continue through the balance of 2026. It says consumers may switch to private label or lower-priced offerings, and that lower private label pet food sales reduced third-quarter organic sales growth by 20 basis points company-wide and 70 basis points at Hill’s Pet Nutrition. Third-quarter organic sales increased 3.1% in Oral, Personal and Home Care and 5.7% at Hill’s Pet Nutrition, with growth in Oral Care and Home Care categories and in Hill’s therapeutic and wellness pet food categories, respectively.

Key facts

• Colgate-Palmolive expects softness across its categories to continue through the balance of 2026. source
• Hill’s Pet Nutrition Q3 2026 organic sales increased 5.7%, with lower private label pet food sales reducing growth by 70 basis points; growth was led by the United States and Europe. source