Colgate-Palmolive shares dip on Q2 revenue miss

Colgate-Palmolive (CL) stock declined more than 2% during the premarket trading, after the toothpaste maker’s second-quarter sales missed analysts’ expectations, primarily due to lower unit volume in emerging markets and flat pricing worldwide. Adjusted earnings, however, came in line with analysts’ consensus. During the second quarter of 2018, the company’s profits came in at $637 … Continue reading Colgate-Palmolive shares dip on Q2 revenue miss