NEW YORK — Colgate-Palmolive announced on Thursday a boost in second-quarter net sales as its global market share in toothpaste and manual toothbrushes hit record highs year to date.
Net sales for the quarter totaled $4.35 billion, up 2% compared with the year-ago period. Organic sales grew 5.5%.
Net income, which included charges related to its restructuring program, totaled $561 million, or 60 cents per diluted share, for the quarter. This compares with net income of $627 million, or 65 cents per diluted share, in the year-ago period.