July 28 (Reuters) – Colgate-Palmolive (CL.N) raised annual organic sales and profit forecasts on Friday, banking on price hikes and resilient demand for its self-care and pet nutrition products.
The company, like several other consumer goods makers, has consistently increased product prices to fight steep costs of raw materials and packaging, and wage pressures.
Colgate-Palmolive bumps up annual sales, profit forecasts on strong pricing
