Colgate-Palmolive beats Q2 earnings estimates but faces weaker demand in North America, shares fall 2.5%.

Colgate-Palmolive reported strong Q2 earnings with EPS of $0.99, surpassing estimates by 4.21%, and revenue of $5.36 billion, up 4.9% year-over-year. Despite these positive results, the company reaffirmed its full-year sales forecast due to softer consumer demand in North America, a key market. This cautious outlook caused the stock to drop 2.5%. The company maintains a P/E ratio of 35.19 and a debt-to-equity ratio of 33.29, reflecting its valuation and financial leverage.