Summary
Colgate-Palmolive Company (CL) has announced a realignment of its reportable operating segments, effective for the first quarter of fiscal year 2026. This strategic move, part of its previously announced Strategic Growth and Productivity Program, aims to optimize operating scale and drive growth within its global markets. The primary change involves combining the Europe and Africa/Eurasia segments (with specific exclusions) and the Skin Health business into a new, consolidated 'Europe, Middle East and Africa' reportable operating segment. Furthermore, Russia and Belarus operations, previously under Africa/Eurasia, will now be reported within the Asia Pacific segment. Investors should note that this realignment is purely a reporting change and does not affect the Company's historical consolidated financial results, including operations, financial position, or cash flows. Colgate-Palmolive has provided recast historical segment data to facilitate comparison with the new structure.
Key Highlights
- 1Colgate-Palmolive is realigning its reportable operating segments starting Q1 2026.
- 2A new 'Europe, Middle East and Africa' segment will be formed by combining Europe, Africa/Eurasia (excluding Russia/Belarus), and the Skin Health business.
- 3Russia and Belarus will now be reported under the Asia Pacific segment.
- 4This change is part of the 'Strategic Growth and Productivity Program' to optimize operations and drive growth.
- 5The segment realignment has no impact on historical consolidated financial results, cash flows, or financial position.
- 6Recast historical segment information for the years 2023-2025 and interim periods of 2025 is provided for comparability.
- 7The recast information is supplemental and not a restatement of previously issued financial statements.