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Consumer-goods giant Colgate-Palmolive Co. posted better-than-expected third-quarter earnings early Friday, as it again raised prices by an average of 9.5% globally.
The parent to home, personal, oral and pet-care products has repeatedly raised prices over the last year to combat inflationary pressures, boosting its profit margins. Procter & Gamble PG, which makes Crest toothpaste, also raised prices to boost margins in its earnings posted last week.
On…
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