Colgate-Palmolive sales up but rising costs take their toll
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
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Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
Although Americans are willing to take modest steps to protect the environment or conserve energy, shifts in attitudes and more eco-conscious behaviors are slow to come, particularly among mature segments of the population.
Hair care specialist Alberto Culver has announced a big increase in its sales revenue for the second quarter, with currency translation adding significantly to the growth.