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Colgate sees organic sales growth in all operating divisions in Q3

BY Antoinette Alexander

NEW YORK — Colgate reported on Friday worldwide net sales of $4.38 billion in the third quarter, a decrease of 0.5% versus third quarter 2013, as organic sales grew 3.5%.

Including charges, net income and diluted earnings per share in third quarter 2014 were $542 million and 59 cents, respectively. Net income and diluted earnings per share in third quarter 2013 were $656 million and 70 cents, respectively, including charges.

Excluding the above-noted items in both periods, net income in third quarter 2014 was $701 million, an increase of 3% versus third quarter 2013, and diluted earnings per share in third quarter 2014 was 76 cents, an increase of 4% versus third quarter 2013.

In North America, which accounts for 18% of company sales, sales increased 2% during the quarter. Organic sales increased 2.5%.

In the United States, new product launches are contributing to volume growth. Market share gains year to date were seen in manual toothbrushes, mouthwash, liquid cleaners and fabric conditioners, the company stated. In toothpaste, Colgate Enamel Health, Colgate Optic White, Colgate Optic White Platinum Whiten & Protect, Colgate MaxFresh Cool Scrub, Colgate Sensitive SmartFoam and Tom’s of Maine toothpastes had strong sales during the quarter.

In manual toothbrushes, Colgate’s market share in that category reached a record 40.8% year to date, up 2.4 share points versus the year ago period, the company stated. The increase was driven by strong sales of Colgate Optic White Toothbrush + Built-In Whitening Pen, Colgate 360° Enamel Health, Colgate 360° Optic White, Colgate 360° Total Advanced Floss-Tip bristles and Colgate Slim Soft manual toothbrushes, according to Colgate.

Successful products driving volume growth in the United States in other categories include Colgate Total Lasting White, Colgate Total Advanced Pro-Shield, Colgate Optic White and Colgate Kids mouthwashes, Fabuloso Fiesta Orange liquid cleaner and Suavitel Fast Dry fabric conditioner, the company noted.

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GM Pharmaceuticals launches regionally centric line of allergy and cold products in Texas

BY Michael Johnsen

ARLINGTON, Texas — GM Pharmaceuticals on Wednesday announced the launch of TexaClear, a new liquid allergy, sinus, cough-cold and flu line, made by Texans for Texans. The TexaClear line will hit the shelves of H-E-B stores on Nov. 10. 
 
According to the company, every year Texans suffer from what is commonly known as “Cedar Fever.” Despite its name, “Cedar Fever” is actually caused by the pollen of ashe juniper, a small evergreen tree that is located in Central Texas anywhere between the Red River and the Rio Grande. 
 
Right in time for the peak of Texas allergy season, TexaClear has the only liquid anti-inflammatory pain reliever for sinus, cough-cold and flu symptoms. The line includes TexaClear Allergy Relief, Sinus Relief and Cough, Cold and Flu Relief for both daytime and nighttime. 
 

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Ohio Governor’s Council on People with Disabilities names Kroger ‘Employer of the Year’

BY Michael Johnsen

CINCINNATI — Kroger announced Friday it has been named "Employer of the Year" by the Ohio Governor's Council on People with Disabilities for significantly contributing to employment opportunities for individuals with disabilities. 
 
Kroger was nominated for this recognition by the Warren County Board of Developmental Disabilities. The company received the award at a ceremony at the Ohio Statehouse on Oct. 16.
 
"We have a long tradition of hiring people with disabilities, especially on our front lines serving customers," stated Keith Dailey, Kroger's director of corporate communications. "Kroger is honored to receive this recognition from the Governor's Council on People with Disabilities and the Warren County Board of Developmental Disabilities."
 
Kroger also was recognized earlier this year by the Marriott Foundation for People with Disabilities. Kroger has worked with the Marriott Foundation's Bridges from School to Work program to help transition young people with disabilities from high school to the workforce.

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