Company News, Financial News

Q3 Sales Increase 3% at Colgate-Palmolive

Worldwide net sales bring in $3.9 billion.

Colgate-Palmolive Company reported worldwide net sales rose 3% to $3.9 billion in the third quarter 2017. Global unit volume increased 1.5%, pricing was even with the year ago period and foreign exchange was positive 1.5%. Operating profit decreased 4% to $985 million.  “We are pleased that our stepped up advertising investment is indeed contributing to the acceleration of top-line growth worldwide,” said Chairman, President and Chief Executive Officer Ian Cook. “This growth was driven by hea...

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