Company News, Financial News

Colgate’s Q3 Numbers Are In

CEO Cook pleased with organic sales growth.

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By: Christine Esposito

Editor-in-Chief

Colgate-Palmolive Company’s worldwide net sales were $3.8 billion in third quarter of 2016, a decrease of 3.5% versus third quarter 2015. Global unit volume decreased 4.0%, pricing increased 3.0% and foreign exchange was negative 2.5%. Excluding divested businesses and the impact of the previously disclosed deconsolidation of the company’s Venezuelan operations, unit volume increased 1.5%. Organic sales grew 4.5%, according to the global oral care giant.   “As expected, foreign currency headwi...

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