Financial News

Q2 Sales Flat At Colgate-Palmolive

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By: TOM BRANNA

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Colgate-Palmolive reported worldwide net sales of $4.3 billion in second quarter 2014, even with the second quarter of 2013. Global unit volume grew 2.5%, pricing increased 1.5% and foreign exchange was negative 4.0%. Organic sales grew 4.0%. For the year, sales were flat at $8.6 billion. “We are pleased to have achieved another quarter of broad-based organic sales growth and higher profitability. Gross profit margin, operating profit margin and net income as a percent to sales all increased ...

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