Colgate-Palmolive Cuts Outlook as Economic Uncertainty Spooks Shoppers
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Colgate-Palmolive said consumers have been buying less toothpaste and soap as they brace for economic uncertainty, leading the company to cut its annual earnings guidance. "You see consumers destock their pantries, and not necessarily buy that extra toothpaste tube or that extra body wash." Colgate-Palmolive's new forecast doesn't account for tariffs that were paused.
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