Colgate-Palmolive Co

CL: XNYS (USA)
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Colgate Earnings: Global Prowess Untarnished Despite Chilling Marks Emanating From Its Home Turf

Colgate posted 3.6% organic sales growth in the third quarter, driven by higher prices and volumes. Despite inflationary headwinds (300 basis points), adjusted gross margin expanded by 90 basis points to 60.3%, due to pricing, mix, and efficiency gains.

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