Hill’s Pet Nutrition played a crucial role in Colgate-Palmolive’s financial performance, contributing 23.1% of total sales in 2024. The pet food brand saw a 4.4% year-over-year revenue increase, driven by its premium, science-backed offerings and expansion efforts in Europe and the wet pet food category. Noel Wallace, Colgate-Palmolive’s CEO, highlighted Hill’s continued market share growth and its ability to outperform competitors despite challenges in the private label sector. Chief Financial Officer Stanley Sutula emphasized that Hill’s strategic innovations and improved supply chain, including its new Tonganoxie facility, will help drive future sales and profit margins. With Colgate-Palmolive reaching $20 billion in total revenue, the company remains optimistic about continued organic sales growth in 2025.
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