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Colgate-Palmolive beat first-quarter sales and profit estimates on Friday, as resilient demand for its essentials such as oral and personal care products overcame rising prices and tariff uncertainties.
Why it’s Important
Colgate-Palmolive joined peers such as Procter & Gamble and Kimberly-Clark in posting upbeat sales growth, unlike the broader retail sector that has been struggling with a slowdown in discretionary spending.
The Trump administration’s shifting trade policies have forced…
