Colgate-Palmolive (CL ) Reports In-Line Q2 EPS

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Go back to Colgate-Palmolive (CL ) Reports In-Line Q2 EPS

Colgate Announces 2nd Quarter 2015 Results

July 30, 2015 7:00 AM EDT

Strong Worldwide Organic Sales Growth

NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $4,066 million in second quarter 2015, a decrease of 6.5% versus second quarter 2014. Global unit volume grew 3.0%, pricing increased 2.5% and foreign exchange was negative 12.0%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 5.5%.

Net income and Diluted earnings per share in second quarter 2015 were $574 million and $0.63, respectively. Net income in second quarter 2015 included $65 million ($0.07 per diluted share) of aftertax charges resulting from the implementation of the Companys four-year Global Growth and Efficiency Program... More