Colgate-Palmolive up after raising annual profit, profit margin forecasts

** Shares of toothpaste maker Colgate-Palmolive CL.N up as much as 5.6% at $98.38 - highest since March 2026

** Co raises its annual adjusted profit and gross profit margin forecasts and beats Q3 net sales, profit estimates

** Expects full-year 2026 adjusted earnings per share growth of 5% to 7%, compared with mid-single-digit growth previously

** Sees annual adjusted gross profit margin up, versus roughly flat previously

** Co narrows annual net sales growth forecast to 4% to 5% from prior 2% to 6%

** Reports third-quarter net sales of $5.37 billion, compared with analysts' estimates of $5.33 billion — data compiled by LSEG

** Logs adjusted EPS of 97 cents, beating expectations of 93 cents

** Up to last close, stock up about 18% YTD