Colgate-Palmolive said consumers have been buying less toothpaste and soap as they brace for economic uncertainty, leading the company to cut its annual earnings guidance. "Uncertainty creates a pensive and anxious consumer,

Higher costs could further dampen consumer demand. For Colgate, tariffs will drive raw and packaging materials costs higher as commodity prices increase, according to its presentation. The gross margin,

Investing.com - Colgate-Palmolive (NYSE: CL) has slashed its full-year guidance for organic sales, becoming the latest company to cite possible headwinds from aggressive U.S. tariffs, although the consumer goods group still delivered better-than-anticipated first-quarter earnings.