Colgate-Palmolive (NYSE: CL) 4Q18 Results: Driving Growth Through Acquisition, Innovation and Product

Executive Summary

• Colgate-Palmolive reported net sales were down 2.1% and operating income was down 3.6% year over year for the three months ended December 31, 2018.
• The North America segment saw strong net sales growth, increasing 5.1% year over year. However, the Latin America segment underperformed, with net sales declining 9.1% year over year.
• The Hill’s Pet Nutrition segment also saw strong net sales growth, increasing 6.2% year over year.