- Organic sales rose 5.5% at Colgate-Palmolive (NYSE:CL) in Q2.
- Global volume was up 3.0%, while pricing increased 2.5%.
- F/X swings had a whopping negative twelve percentage point impact on top-line growth.
- Gross margin rate -50 bps to 58.3% due in part to higher packaging costs.
- Operating profit margin +30 bps to 24.6%.
- SG&A expense rate -60 bps to 34.0%.
- North American sales +1.5% off of a 3% rise in volume.
- On the product front, Colgate's global toothpaste market share increased 50 bps to 45.0%.
- CL -0.1% premarket.