Colgate Mitigates Currency Crush Via Oral-Care Sales, Price Hikes
This article was originally published in The Rose Sheet
Executive Summary
Price increases in some regions were critical to earnings in Colgate's second quarter, and will continue to be executed at the expense of volume as needed, while oral-care product launches also are helping to offset negative currency effects, the firm reported July 30. With an oral-care business that is “one of the few remaining category killers,” Colgate should consider divesting its home-care and pet-product businesses, an analyst suggests.