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Company Earning Updates

Colgate-Palmolive (NYSE: CL) 2Q19 Results: Net Sales and Diluted EPS Decline

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Coresight Research

Key Points

  • Colgate-Palmolive reported net sales of $3.87 billion, down 0.5% year over year for the three months ended June 30, 2019. Organic sales were up 4.0% year over year.
  • The Africa/Eurasia segment saw strong organic sales growth, increasing 9.5% year over year. However, the Asia Pacific segment underperformed, with a 1.0% decrease in organic sales year over year.
  • The Hill’s Pet Nutrition segment also saw strong organic sales growth, increasing 6.0% year over year.

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