- Colgate-Palmolive (NYSE:CL) reports global unit volume fell 4.0% in Q3.
- Organic sales were up 4.5%, including an 8.0% gain in emerging markets.
- Pricing was 3.0% higher during the quater. The impact of F/X lopped off -2.5%.
- Market share in the global toothpaste category is now at 44.0% YTD.
- "As we look ahead, macroeconomic conditions and foreign exchange volatility remain challenging," says CEO Ian Cook.
- Colgate-Palmolive sees full-year sales falling at a low to mid single digit rate and flat EPS growth.
- Previously: Colgate-Palmolive EPS in-line, misses on revenue (Oct. 27)
- CL -1.67% premarket to $70.07.
Volume falls at Colgate-Palmolive in Q3
Recommended For You
More Trending News
About CL Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
CL | - | - |
Colgate-Palmolive Company |