Colgate-Palmolive (CL) Reports In-Line Q3 EPS
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Colgate Announces 3rd Quarter 2017 Results
October 27, 2017 6:55 AM EDTNEW 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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