Colgate announces 2nd quarter 2023 results

New york--(business wire)--colgate-palmolive company (nyse:cl): net sales increased 7.5%; organic sales* increased 8.0% with growth in every division and in all four categories gaap eps declined 17% to $0.60; base business eps* increased 7% to $0.77 gaap gross profit margin and base business gross profit margin* both increased 80 basis points to 57.8%, including a negative 70 basis point impact from private label sales resulting from the previously disclosed acquisitions of pet food businesses.
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