Monday, August 10, 2020

Colgate-Palmolive Signals Party Almost Over for Consumer Staples

Makers of family items like tissues and cleansers have been among the many greatest winners from the coronavirus disaster. However in Colgate-Palmolive’s quarterly outcomes Friday, there have been early warnings that the nice instances might not final.

To date this 12 months, consumer-staples makers are up by between 5% at Procter & Gamble and 50% at Clorox towards a mainly flat efficiency for the broader market. Colgate-Palmolive falls in the midst of the pack, having risen round 12% this 12 months.

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