Colgate-Palmolive is once again crediting its oral health product lines with helping to push the company to year-over-year growth in the third quarter of 2011.
For the quarter (end-September 30), the company reported worldwide net sales of $4.4 billion, an 11% increase over sales of $3.9 billion in the same quarter a year ago.
Net income for the quarter increased 4% to $643 million, compared with $619 million for the same quarter in 2010.
"Colgate's global market shares in toothpaste and manual toothbrushes are both at record highs year to date," stated Ian Cook, chairman, president, and CEO, in a press release. "Colgate's share of the global toothpaste market strengthened to 44.4% year to date, up 0.3 share points versus year ago. Our global leadership in manual toothbrushes also strengthened during the quarter with Colgate's global market share in that category reaching 31.8% year to date, up 0.5 share points versus year ago."
