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Colgate

This article was originally published in The Tan Sheet

Executive Summary

Fresh Confidence toothpaste slated for shipment in U.S. by year-end, CEO Reuben Mark tells analysts Oct. 18. Toothpaste, "now sold around the world, is...a gel form with a fresh breath positioning...targeted at a more youthful consumer," Mark says. Firm's share of U.S. toothpaste market up nearly three points to 34.3% year-to-date based on A.C. Nielsen data, Colgate announces. North American sales rose 3.5% in Q3, and unit volume increased 4.5%. Global net sales rose slightly to $2.39 bil. for the quarter, while net income jumped 7.6% to $296.2 mil
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