Colgate-Palmolive Co

CL: XNYS (USA)
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Colgate Earnings: Unrelenting Efficiency Focus Enables Judicious Brand Investments to Bloom

Organic sales ticked up 2.9% in Colgate's first quarter, reflecting higher prices (2.2%) and increased volumes (0.7%). The adjusted gross margin slipped 20 basis points to 60.6%, as higher prices, favorable mix, and cost savings failed to offset the hit from inflation and tariffs.

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