Colgate-Palmolive CEO Says Some Of Markets Remain Choppy, And Headwinds Like Foreign Exchange And Higher Interest Rates Will Continue To Impact Co
Portfolio Pulse from Benzinga Newsdesk
Colgate-Palmolive's CEO has stated that some markets remain unstable, and factors such as foreign exchange and higher interest rates will continue to affect the company.
October 27, 2023 | 12:39 pm
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Colgate-Palmolive is expected to face continued impact from unstable markets, foreign exchange, and higher interest rates.
The CEO's statement indicates that the company is facing challenges in some markets and is also being affected by foreign exchange and higher interest rates. This could potentially lead to lower revenues and profitability, which could negatively impact the stock price.
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