Company News

Colgate Brushes Off Charges

Author Image

By: TOM BRANNA

Editor

The New York-based toothpaste company made $284 million, or 51 cents a share, compared with the year-ago $343 million, or 62 cents a share. Excluding restructuring charges, earnings rose 10% from a year ago to 74 cents a share, 2 cents better than the Thomson Financial analyst consensus estimate. Sales rose to $3.01 billion from $2.84 billion a year earlier, beating the $2.96 billion Thomson forecast. Worldwide sales and unit volume, as reported including divestments, grew 6.0% and 4.0%, resp...

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