Colgate-Palmolive is reportedly looking to sell its Softsoap, Irish Spring, and Speed Stick brands as part of a strategic shift to concentrate on higher-growth oral and pet care sectors. The company has hired Goldman Sachs to manage the sale process, but no buyer has been confirmed yet. Potential buyers include private equity firms, while major consumer goods companies seem unlikely due to strategic or financial constraints. The sale proceeds are expected to fund premium innovation and help address challenges in Colgate's North American business, which is undergoing a long-term turnaround.
Colgate-Palmolive has been upgraded to a buy rating due to a return in organic sales growth of 2.4% and strong profitability that leads its sector. The company’s 2026 guidance is nearing its long-term targets, supporting optimism for stock multiple e...
Five dividend stocks—Procter & Gamble, Johnson & Johnson, Coca-Cola, Colgate-Palmolive, and PepsiCo—have consistently raised their dividends through every U.S. recession since at least 1963. These companies demonstrated resilience during major downtu...
