Company News

Colgate Sales Increase Slightly in the Fourth Quarter

Author Image

By: TOM BRANNA

Editor

Colgate-Palmolive Company, New York, NY, announced worldwide dollar sales increased only slightly from the all time high in last year’s fourth quarter. Earnings per share rose 7% in the quarter after the one-time charge to $.49 per diluted share. Executives said this is Colgate’s 23rd consecutive quarter of increased E.P.S., net earnings and gross profit margin. Net income also rose 3% in the quarter to $295.3 million after the one-time charge. Colgate-Palmolive attributed this to th...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters