07.29.08
Colgate-Palmolive Company posted a rise in worldwide sales with higher than expected earnings growth for second quarter 2008.
Global sales grew 16.5% to $3.96 billion. Gross profit margin was almost stable at 56.5% from 56.0% a year prior. Operating profit as reported increased 17% to $767 million. Reported net income rose 19% to $493.8 million.
Global sales grew 16.5% to $3.96 billion. Gross profit margin was almost stable at 56.5% from 56.0% a year prior. Operating profit as reported increased 17% to $767 million. Reported net income rose 19% to $493.8 million.