Colgate-Palmolive Increases 1st-Quarter Sales 6%May 3, 2021
Colgate-Palmolive Co. has reported first-quarter net sales of US$4.34 billion, an increase of 6% year-over-year.
Colgate-Palmolive reported first-quarter operating profit of $1 billion, or $0.80 per share, an increase of 5% from the same period last year. In North America, Colgate-Palmolive’s net sales dipped 22% while its European division increased sales 17%. The company’s Asia-Pacific segment saw sales jump 39% and its Latin America division posted a 10% increase.
Founded in 1806, Colgate-Palmolive is a New York-based manufacturer and distributor of household, health care, and personal products. For more information, visit www.colgatepalmolive.com.