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June 3, 2019
By: TOM BRANNA
Editor
Colgate-Palmolive’s first quarter sales fell 3% to $3.88 billion. Global unit volume increased 1.0%, pricing increased 2.0% and foreign exchange was negative 6.0%. Organic sales increased 3.0%. Despite the decline, CEO Noel Wallace put a positive spin on results. “We are pleased with the improvement in organic sales growth this quarter and that the growth was broad based, with emerging markets and developed markets each growing 3.0%. We believe our plans to accelerate growth are beginning t...
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