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Colgate Posts Q3 Gains

Worldwide net sales up 1.5% to $4.4 billion.

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By: TOM BRANNA

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Colgate-Palmolive Company reported worldwide net sales rose 1.5% to $4.4 billion in third quarter 2013. Global unit volume grew 5.0%, pricing increased 1.0% and foreign exchange was negative 4.5%.   Chairman, President and Chief Executive Officer Ian Cook commented, “We are delighted that our strong growth momentum continued on both the top and bottom lines. For the tenth consecutive quarter, operating profit, net income and diluted earnings per share all increased versus the year ago period … a...

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