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Oral Care Sales Can’t Clean Colgate’s Results

Q2 sales fall slightly.

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By: TOM BRANNA

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Shhh. Listen. Is that creak the sound of an old economic expansion on its last legs? Or is it merely the trickle down effect of India's demonetization policy? Colgate-Palmolive said its second quarter sales dipped .5% from a year ago. “As we look ahead, uncertainty in global markets and slowing category growth worldwide remain challenging,” admitted Colgate CEO Ian Cook. “Based on current spot rates, we continue to expect a low-single-digit net sales increase for 2017...

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