Colgate-Palmolive
This article was originally published in The Tan Sheet
Executive Summary
Nineteen new products are scheduled to be introduced in 2000, compared to 14 last year and 12 in 1998, the firm states July 20. Recent dentifrice extensions include Colgate Sensitive and Sparkling White, which helped increase Colgate's market share 1.5 points to 32.1%, and the upcoming Colgate 2in1 toothpaste/mouthwash combo (1"The Tan Sheet" July 10, p. 8). North American sales, which accounted for 24% of the company's total second quarter sales, were up 8% to $560 mil., while unit volume increased 7%. Colgate's consolidated sales rose 2.2% to $2.34 bil. and income was up 14.8% to $261.9 mil
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Colgate-Palmolive's new product program helped propel North American sales 11% to $591.6 mil. for the third quarter, the company announced during an analysts conference call Oct. 24.
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