Colgate-Palmolive (CL) Tops Q1 EPS by 1c
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Colgate Announces 1st Quarter 2018 Results
April 27, 2018 6:55 AM EDTNEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $4,002 million in first quarter 2018, an increase of 6.5% versus first quarter 2017. Global unit volume increased 2.0%, pricing was even with the year ago period and foreign exchange was positive 4.5%. The previously disclosed professional skin care acquisitions contributed 0.5% to unit volume growth. Organic sales (Net sales excluding the impact of foreign exchange, acquisitions and divestments) increased 1.5%.
Net income and Diluted earnings per share in first quarter 2018 were $634 million and $0.72, respectively. Net income in first quarter 2018 included $20 million ($0.02 per diluted share) of... More
