It's a rough start to the new month for Wall Street, as major U.S. stock indices plunged by midday Friday, setting the stage for a negative weekly close.
Consumer products company Colgate-Palmolive (NYSE:CL) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 1% year on year to $5.11 billion. Its non-GAAP profit of $0.92 per share was 2.8% above analysts’ consensus estimates.
Poor earnings triggered massive selling, but the analyst believes that the worst may be over for now. Technical indicators point to potential selling pressure exhaustion
Paytm, M&M Financial Services, Colgate Palmolive, Dixon Technologies, and JSW Infrastructure, among others, are set to report their quarterly earnings today.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the household products industry, including Reynolds (NASDAQ:REYN) and its peers.
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning.
Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.
Colgate-Palmolive trades at $92.78 per share and has stayed right on track with the overall market, gaining 6% over the last six months. At the same time, the S&P 500 has returned 5%.
Consumer staples stocks are solid insurance policies in frothy markets ripe for corrections. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently.
Over the past six months, the industry has recorded a loss of 10.5%, a far cry from the S&P 500’s 4.5% ascent.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Procter & Gamble (NYSE:PG) and the best and worst performers in the household products industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Colgate-Palmolive (NYSE:CL) and its peers.
