10/28/2022, 12:57 PM (Source: TeleTrader)
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Colgate-Palmolive's net sales mostly unchanged in Q3

Colgate-Palmolive Company revealed on Friday that its net sales in the third quarter of fiscal 2022 remained mostly unchanged, amounting to $4.5 billion. The company's diluted earnings per share (EPS) stood at $0.74, essentially unchanged in comparison to the corresponding quarter last year.

"The consistent, strong, broad-based growth is evidence that our strategies are working. Our focus on science-led, core and premium innovation is providing value at all price points, which is particularly important in today's difficult macroeconomic environment," CEO Noel Wallace commented upon the release of the earnings report.

Colgate-Palmolive was 0.42% down in premarket trade after the third-quarter results were released.

Baha Breaking News (BBN) / AB