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Colgate-Palmolive Affirms FY19 Outlook - Quick Facts

While reporting its financial results for the first quarter on Friday, Colgate-Palmolive Co. (CL) affirmed its financial outlook for fiscal 2019.

The company continues to project fiscal 2019 net sales to be flat to up in low-single-digits, and organic sales growth of 2 percent to 4 percent.

The company also said it is planning for a year of gross margin expansion and expects a low-single-digit decline in earnings per share on a reported basis. Excluding charges, Colgate projects a mid-single-digit decline in earnings per share for the full year.

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