Colgate-Palmolive (CL) Reports In-Line Q1 EPS
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Colgate Announces 1st Quarter 2015 Results
April 30, 2015 7:01 AM EDTGross and Operating Profit Margins Up
Solid Worldwide Organic Sales Growth
NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $4,070 million in first quarter 2015, a decrease of 6.0% versus first quarter 2014. Global unit volume grew 1.5%, pricing increased 2.5% and foreign exchange was negative 10.0%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 4.0%.
Net income and Diluted earnings per share in first quarter 2015 were $542 million and $0.59, respectively. Net income in first quarter 2015 included $67 million ($0.07 per diluted share) of aftertax charges resulting... More
Colgate-Palmolive Hit with $13 Million Mesothelioma Verdict in California
April 29, 2015 5:52 PM EDTDALLAS and LOS ANGELES, April 29, 2015 /PRNewswire/ -- Attorneys from Dallas-based Simon Greenstone Panatier Bartlett, PC, a nationally recognized trial law firm, have won a $13 million jury verdict on behalf of a 73-year-old woman who contracted mesothelioma after using asbestos-containing talcum powder manufactured by New York-based Colgate-Palmolive Company (NYSE: CL).
The April 28 verdict was handed down by a jury in Los Angeles Superior Court following only two hours of deliberations.... More
