Colgate-Palmolive Earnings: Sales Rise as Higher Prices Offset Lower Volumes

Colgate-Palmolive CL 0.71%increase; green up pointing triangle said inflation, trade uncertainty and consumer wariness continue to weigh on sales and profit across the consumer-goods sector.

The maker of Ajax and Softsoap said Friday that companywide volumes fell 1.5% during the latest quarter, as consumers reined in purchases and sought to stretch the lifespan of household staples.