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Sales rise 4.5% over Q4 of 2016.
January 26, 2018
By: Christine Esposito
Editor-in-Chief
Colgate-Palmolive Company said its worldwide net sales were $3.8 billion in fourth quarter 2017, an increase of 4.5% versus fourth quarter 2016. Global unit volume increased 3.0%, pricing decreased 1.0% and foreign exchange was positive 2.5%. Organic sales (net sales excluding the impact of foreign exchange, acquisitions and divestments) increased 2.0%. Net income and diluted earnings per share in fourth quarter 2017 were $323 million and $0.37, respectively. Gross profit margin was 59.8% ...
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