Now sees FY business EPS up 8-11% (Il Sole 24 Ore Radiocor) - New York, 26 Jul - Colgate said that it still expects full-year net sales growth of 2-5% including a mid-single-digit negative impact from foreign exchange. But, the company raised its organic sales growth guidance to 6-8% from 5-7% previously.

On a reported basis, Colgate still expects gross profit margin expansion, increased advertising investment and double-digit earnings per share growth.

On a base business basis, it still expects gross profit margin expansion and increased advertising investment and increased its earnings per share growth guidance to 8-11%, from a previous estimate of a mid to high-single-digit rate.

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(RADIOCOR) 26-07-24 14:25:44 (0441) 5 NNNN