Colgate-Palmolive (CL) Reports In-Line Q3 EPS
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October 27, 2017 6:55 AM EDT
NEW YORK--(BUSINESS WIRE)--
Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales
of $3,974 million in third quarter 2017, an increase of 3.0% versus
third quarter 2016. Global unit volume increased 1.5%, pricing was even
with the year ago period and foreign exchange was positive 1.5%. Organic
sales (Net sales excluding the impact of foreign exchange, acquisitions
and divestments) increased 1.5%.
Net income and Diluted earnings per share in third quarter 2017 were
$607 million and $0.68, respectively. Net income in third quarter 2017
included $39 million ($0.05 per diluted share) of aftertax charges
resulting from the Companys Global Growth and Efficiency Program.
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