Despite a slight decrease in net sales, Colgate-Palmolive saw its share of the global toothpaste and toothbrush markets grow in the third quarter of 2012 (end-September 30).
The company reported net sales of $4.3 billion in the quarter, down 1% from net sales of $4.4 billion in the same quarter a year ago.
Net income for the quarter was $654 million, up from $643 million in the third quarter of 2011.
Colgate's global market shares in toothpaste and manual toothbrushes are both at record highs year to date, according to Ian Cook, chairman, president, and CEO.
"Colgate's share of the global toothpaste market strengthened to 44.9% year to date, up 0.6 share points versus year ago," he stated in a press release. "Our global leadership in manual toothbrushes also strengthened during the quarter with Colgate's global market share in that category reaching 32.7% year to date, up 0.8 share points versus year ago."
