Company News, Financial News

Colgate’s Q1 Sales Rise 6%

Sales in Asia-Pacific rise more than 16% as global leadership in toothpaste and toothbrushes continues.

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By: TOM BRANNA

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Propelled by double-digit gains in Asia-Pacific, Colgate-Palmolive said first quarter sales rose 6% to more than $4.3 billion. The company's global leadership in toothpaste (39.2% market share) and toothbrushes (30.6%) continued. “The strong results reflect the impact of our increased investments in premium innovation, digital transformation and advertising. We continue to strengthen our capabilities in these areas and, while there is more to do, we are pleased with the progress we a...

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