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Colgate Reports Record Earnings for the Second Quarter

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By: TOM BRANNA

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Colgate-Palmolive Company announced record net income and earnings per share in the second quarter. Net income increased 14% to $327 million.The company also reconfirmed external estimates for both third quarter and full year 2002 earnings per share. Worldwide unit volume increased 4% with every operating division growing. Operating profit increased more than 10%, which is a record.“We are pleased that our expectations for continued improvement in unit volume and profitability throughout t...

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