Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTVandita JadejaSat, July 4, 2026 at 7:30 PM GMT+2 4 min readQuick ReadPG beat estimates for a fourth straight quarter as Beauty surged 11%, while CL posted 8% revenue growth but lost North America volume.P&G offers 70 straight years of dividend growth as the steadier hold, while Colgate's restructuring targets between $200 million and $300 million in annual savings as a rebound setup.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and P&G didn't make the cut. Grab the names FREE today.Procter & Gamble (NYSE:PG) and Colgate-Palmolive (NYSE:CL) both posted top and bottom line beats in their most recent quarters.FangXiaNuo / iStock via Getty ImagesPG's fiscal Q3 2026 leaned on Beauty and broad regional strength. Colgate's Q1 2026 leaned on Latin America and Hill's Pet. Same shelf, very different engines.Beauty Powers P&G. Latin America Powers Colgate.P&G's headline was breadth. Revenue of $21.23 billion rose 7.4% YoY, and every one of the five segments grew. Beauty led with 11% reported growth, powered by Hair Care, Skin Care and premium play SK-II, which the CFO said grew 18% overall with double-digit gains in China.Core EPS of $1.59 beat consensus, the fourth straight quarter of doing so. The catch: core gross margin fell 100 basis points on tariffs and mix, and currency-neutral core EPS was flat.PG Earnings Explorer — 24/7 Wall St.Colgate's story was geographic imbalance. Total revenue of $5.32 billion grew 8.4% YoY, with Latin America up 14.8% and Europe up 11.9%. North America went the other way, sliding 1.8% on a 3.2% volume decline.CEO Noel Wallace said "North America was going to take some time" and pointed to late shelf resets and heavier competitor couponing. Hill's Pet Nutrition kept humming, up 6.7% with a boost from Prime100.CL Earnings Explorer — 24/7 Wall St.One Reinvests Into Momentum. One Restructures Harder.CEO Shailesh Jejurikar said P&G is "increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment".Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and P&G didn't make the cut. Grab the names FREE today.That framing runs through Tide Evo, the biggest formula upgrade in 25 years, and Mr. Clean innovation delivering 18x fair share of bath cleaning category growth since launch. Tariffs sting to the tune of roughly $400 million after-tax, and management now guides to the low end of the $6.83 to $7.09 core EPS range.Business DriverP&GColgateMain growth engineBeauty (Hair, Skin, SK-II)Latin America + Hill's PetWeak spotGrooming, Health Care volumeNorth America volumeOrganic growth3%2.9%Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info