Colgate-Palmolive Company (CL) announced, for 2019, excluding items, based on current spot rates, the company now expects a slight decline in gross margin and continue to plan for increased advertising investment and a mid-single-digit decline in earnings per share. The company continues to expect 2019 net sales to be flat to up low-single-digits, with organic sales now expected to be up between 3 percent and 4 percent.
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