COLGATE-PALMOLIVE PRODUCT LAUNCHES HELP BOOST THIRD QUARTER CONSOLIDATED SALES 5.9%
This article was originally published in The Rose Sheet
Executive Summary
COLGATE-PALMOLIVE PRODUCT LAUNCHES HELP BOOST THIRD QUARTER CONSOLIDATED SALES 5.9% to $1.93 bil., the company said Oct. 20. Global unit volume increased 6% during the quarter, and net income for the three months gained 5.7% to $151 mil. Chairman and CEO Reuben Mark attributed the performance to the firm's "accelerating new products program," as well as the company's "extensive global operations" and "strong presence in the developing world."