Colgate-Palmolive (CL) Reports In-Line Q3 EPS

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Colgate Announces 3rd Quarter 2018 Results

October 26, 2018 6:55 AM EDT

NEW YORK--(BUSINESS WIRE)-- Colgate-Palmolive Company (NYSE: CL) today reported worldwide Net sales of $3,845 million in third quarter 2018, a decrease of 3.0% versus third quarter 2017. Global unit volume was even with the year ago quarter, pricing increased 1.0% and foreign exchange was negative 4.0%. The previously disclosed professional skin care acquisitions contributed 1.5% to Net sales and unit volume growth in the quarter. Organic sales (Net sales excluding the impact of foreign exchange, acquisitions and divestments) decreased 0.5%.

Net income and Diluted earnings per share in third quarter 2018 were $523 million and $0.60, respectively. Net income in third quarter 2018 included $22... More