Colgate-Palmolive (CL) Tops Q4 EPS by 1c
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Colgate Announces 4th Quarter and Full Year 2015 Results
January 29, 2016 6:55 AM ESTStrong Worldwide Organic Sales Growth
Announces Accounting Change For Venezuelan Operations
NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $3,899 million in fourth quarter 2015, a decrease of 7.5% versus fourth quarter 2014. Global unit volume was even with the year ago quarter. Excluding divested businesses, unit volume increased 1.0%. Pricing increased 4.0% and foreign exchange was negative 11.5%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 5.0%.
Net income (loss) and Diluted earnings (loss) per share in fourth quarter 2015 were $(458) million and $(0.51), respectively. Net income... More
