Colgate Announces Record Sales for Third Quarter; Worldwide Unit Volume Up 9%; Loss Due to Previously Announced Restructuring Charge.
Business Wire › October 19, 1995
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Colgate Announces Record Sales for Third Quarter; Worldwide Unit Volume Up 9%; Loss Due to Previously Announced Restructuring Charge.
Company (NYSE symbol--CL) today announced record sales for the third quarter of 1995, its largest unit volume increase in more than a year, and a loss for the quarter brought about by the $369.2 million third quarter restructuring charge ($2.54 per share) announced on September 20th.
Driven by a 9% increase in unit volume, sales increased 11% to $2.1 billion, a record for any quarter ever. Colgate's businesses in North America, Asia/Africa and Latin America outside of Mexico all achieved excellent growth. A...See the full content of this document
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