Tom Branna, Editorial Director01.29.21
No matter what's happening, consumers still brush their teeth. Colgate's corporate sales rose nearly 5% last year to almost $16.5 billion. Oral, personal and home care sales increased 3% to nearly $13.6 billion. Gains accelerated in the fourth quarter, too.
Colgate today said fourth quarter sales rose 7.5% to $4.3 billion. Chairman, President and Chief Executive Officer Noel Wallace said every division grew mid-single-digit or higher, with double-digit growth in its Hill’s andLatin America businesses.
“Our choices to invest in innovation, digital transformation and advertising are helping to deliver growth across our portfolio," observed Wallace. "While several of our categories continue to benefit from higher consumer demand due to the COVID-19 pandemic, we believe we have the right strategies in place to deliver profitable growth over the longer term."
Colgate today said fourth quarter sales rose 7.5% to $4.3 billion. Chairman, President and Chief Executive Officer Noel Wallace said every division grew mid-single-digit or higher, with double-digit growth in its Hill’s and
“Our choices to invest in innovation, digital transformation and advertising are helping to deliver growth across our portfolio," observed Wallace. "While several of our categories continue to benefit from higher consumer demand due to the COVID-19 pandemic, we believe we have the right strategies in place to deliver profitable growth over the longer term."
