Colgate Announces 2nd Quarter 2017 Results

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

July 21, 2017 6:55 AM EDT

Colgate-Palmolive (NYSE: CL) reported Q2 EPS of $0.72, in-line with the analyst estimate of $0.72. Revenue for the quarter came in at $3.83 billion versus the consensus estimate of $3.89 billion.

an Cook, Chairman, President and Chief Executive Officer, commented on the second quarter results, The second quarter was another challenging one. Net sales declined 0.5% and organic sales were even with the year ago quarter, below our expectations as a result of continued softness in North America and challenges in Asia Pacific. Despite... More